re: consolidation positive MR MUZZ
Dont wish to be always negative but 40 years of experience and always changing with how the market behaves this decision to RECONSTRUCT ( which will succeed) will see a serious drop in the s/price.
For it to hold its price it really needs to put out some detail on its income IE, EPS , Profit from its wells in detail
and not hidden in its financial statements.Also required is what the wells are producing,not a grand total.
Explanation:
What each block of wells are producing and how many wells in that block.
We should block this reconstruction until this occurs because if they continue to maintain their current style of management
and they will it wont matter what they find the market wont react accordingly.Just look at some of the news of other companies have released and see how poorly they have performed.This company has a very bad reputation and the Directors up till now dont give a damm about it.
Those that believe downrampers like myself are responsible for the SP is what it is or does not help the SP should front the company and try and get the answeres to the questions I ask.
I in noway or any other downramper has any influence.
Who bought those 30+mill shares on friday does and look what happened there.
Macquarrie cant even prop the price up and many of you think they are the ants pants of investors.
I like to think That i give an honest and accurate opinion
and a balanced one although it is not pleasant. I too want to make money from this company.You wont get any where patting them on the back when they are sr=crewing s/holders
except a bad debt.
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