I don’t get it. We gave out 400,000,000 shares worth $40millions at current price to raise only $5millions. Which means our combined Spain and Uruguay assets only worth 25% of Warrego. Because our 120,000,000 shares is worth around $12millions. Imagine the Warrego guys just became $35millions richer. Anyway I just hope those guys are not going to cash out their $35millions otherwise sp will tank unless we find oil/gas. Anyway with 550,000,000 shares at $0.10 our total market cap is at $55millions already. Will we get to 10 baggers to $550millions if we find oil/gas? At this stage I’ll be happy just to get my money back at $0.80. F$&@ DC.
- Forums
- ASX - By Stock
- new ASX CODE
I don’t get it. We gave out 400,000,000 shares worth $40millions...
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online