Looks to me like the new CEO has decided to rip that Montney band aid clean off and focus on what the company does that actually makes money. I welcome the sale, not the price, but it needed to be done, and let's face it the market had already priced in the fact that Monteny was relatively worthless when we dropped from 20c to 10c.
Today's fall is emotive and based on disappointment so I am now waiting to see where the SP will settle leading up to the Ex Div-date. An SP, based purely on the assets in hand and future prospects, not on speculation about sales etc.
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- Ann: Tommy Lakes and Montney acreage sold for A$12 million
Looks to me like the new CEO has decided to rip that Montney...
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10 | 18227142 | 0.007 |
7 | 6041830 | 0.006 |
11 | 4212000 | 0.005 |
13 | 6150250 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 4025459 | 10 |
0.011 | 1250000 | 1 |
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