You are perfectly entitled to your view esp in light of the last three years. However management is the major shareholder and thus are working to get price up. The other aspect to consider on shareprice is they have had one capital issue only since 1987.You should also google Mike Harvey and look at his track record esp with shale. His team are in place.
The beauty of the market is if you dont like a co dont buy shares-I note you do not hold.There are 2500 other shares on Aust market to consider
I like this very much now as the NG has turned around and revenue over next 12m should be in order of US $17m .I dont agree that shale is their only business but it is the one that will move them out of the price stagnation it has seen for years.It also has the cash to proceed with their plan.
Old story is if you dont like a stock move on.
PSA Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
