It does not matter if people do not understand the O&G sector...........investors invest and what they see is the share price and that is all that matters to us. Directors not understanding that constant Cr after Cr will degrade the share price shocks me. We are probably 1.5 bill shares with more to come so how is the share price going to rise? People just have to wait until they run out of money and do a massive discounted CR. Yep my estimate of $1 per share has gone to 40c.
....and I am entitled to a whine.
Phone conversation with Scott - Jan 12th 2023., page-478
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