In my view all reading this is a time for management to stop spending money on drilling which deliver decline on vertical scale and to start shares buy back from the funds left-i guess some 80kA$ and so stable market cap and protect shareholders equity ,because what worth to spend on drilling ,while shares purchase already will deliver 50% gains vs issued at 1.2A$ shares taking into account A$ crash since that private placement,so we get 60% gain on this money vs 60% loss currently we have with drilling results!What do you think,sounds fundamentals?
But we all will die hard because this corrupted management which drilling will not benefit shareholders,but stake holders-learn it and those who may take over or under table suit case pass take over for stock prices of now with premium 20%!
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In my view all reading this is a time for management to stop...
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8 | 289116 | 1.070 |
11 | 255293 | 1.065 |
11 | 565994 | 1.060 |
5 | 280012 | 1.055 |
Price($) | Vol. | No. |
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1.085 | 168497 | 4 |
1.090 | 374331 | 8 |
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