THK unknown

Obviously someone is not impressed with the performance to date...

  1. 3,121 Posts.
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    Obviously someone is not impressed with the performance to date of THK.
    Tracking the trades this morning it indicates that one broker has quit approximately 500,000 THK for one of their clients.
    It is becoming increasingly frustrating to shareholders that management refuse to divulge what cash flow is being generated from their operational wells.
    Other companies operating similar ventures are able to bring their sales on line allmost immediately.
    I have been in business for more years than i like to remember and i find it incredulous that these companies can carry on a business without any budgets or forecast sales figures!
    As a shareholder i have no idea whether we are looking at a $100,000 or $10,000,000 value per annum for the producing wells, so i should be seriously questioning my rationale in holding shares in THK without any idea of the sales potential over the next 12 months.
 
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Currently unlisted public company.

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