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5,217 Posts.
3885
30/07/13
21:43
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Heppy, if the Niobrara farm-out announcement goes like this one, then it will be lucky to reach .016c for an hour or two.
It seems that some stocks are just perpetually discounted.
I am not sure what would actually move this significantly now, probably only a miracle, or a couple of wells that are total gushers.
It does deserve to be much higher.
I am thinking at this stage that a takeover, or even a merger, may have been better than a farm-out.
Gw
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