GBP 0.00% 1.4¢ global petroleum limited

I hope you're correct. I will keep an eye out around the 23rd....

  1. 891 Posts.
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    I hope you're correct. I will keep an eye out around the 23rd.

    $400k-$500k each and every quarter on admin?? I wonder what will happen when the well runs dry. You would think the directors will eventually pull something out of their bag of tricks seeing they own 40% of the company.

    Go back this time 3 years and the quarterly shows US$13.5m cash. It is now $US$5.5m, pretty much all spent on admin!!! The only thing these directors have done correct is park the cash in USD$ as when translated back to AUD$ the cash levels gets a nice kicker!!
 
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Currently unlisted public company.

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