PTN patronus resources limited

Murchison's share price peak: $6.02 in July 2007. On 12 April...

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    Murchison's share price peak: $6.02 in July 2007.
    On 12 April 2010 the SP was $2.96
    A year later it was $1.05
    A year later it was $0.47

    Seems like there would have been a lot of angry shareholders investing between 2007 and 2012 wondering why they were getting 46 cents a share returned to them when they'd paid anywhere from $6 to $1 for them. What a return on investment!! Seems like a company that raised a lot of money and promised a lot, but then followed a failed strategy to a very poor outcome.
 
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