SSN 0.00% 1.5¢ samson oil & gas limited

legal implications incorrect announcement

  1. 2,899 Posts.
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    When I saw this comment in today's ann. I bailed out:-

    "Samson expects to be producing a net 6,000 barrels of oil equivalent a month as at December 2010"

    If the company advises us that they made an error and the SP goes up substantially on a correction then the fit will hit the shan and there will be a legal exposure to all those that sold out. In these circumstances I will consider contacting a legal funder to pursue a claim. I would therefore be interested in knowing how many others sold all or a substantial part of their holding after the ann.

    ANZ
 
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Currently unlisted public company.

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