I was reading up on Red Fork Energy and the reason it went under . It looks like it had to much debt and Management did not understand the business .
For BRK to work for the Shareholders we need new Management . DP has been around for 20 years with RFK and BRK and the Shareholders have received nothing but Capital Raisings and HOPE .
With $25 to $30 million in the bank from Capital Raisings and new Shares Options the Shareholders should benefit from Profit made by the Company not Management and Associates .
A small Buy Back of $1 million a month would not be a problem with profit from the wells, and could help the declining Share Price.
I still do not understand how $20 to 30 million can only receive $8,ooo interest in the last 3 months, with a little work by Management (not their mates) they could get at least $200,000 in the next 3 months , this could pay for some of the Management fees .
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I was reading up on Red Fork Energy and the reason it went under...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 10848681 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 22910913 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 10848681 | 0.012 |
53 | 50451280 | 0.011 |
26 | 15096920 | 0.010 |
9 | 5770014 | 0.009 |
2 | 220000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 22910913 | 18 |
0.014 | 26908366 | 21 |
0.015 | 9071115 | 17 |
0.016 | 2100491 | 12 |
0.017 | 11026445 | 7 |
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