Steini, you raise some good points. What worries me is that 'takeover' point because I'm in this for the long haul (upside of 18 months) and don't want to see a company run over the top of Samson's potential with a low ball bid while the share price is so low.
Hypothetically they could throw out a $150M-$180M takeover and clean up the company for maybe even less than 10cents per share. No-body wants to see this unless you are looking for short term overnight gains.
Does anyone else out there reckon a takeover could be comeing? Let's face it, no-one wants to discuss it, but it really could be a reality given how cheap the company is right now with respect to what their acreage could possess?
- Forums
- ASX - By Stock
- reasons for sp drop
Steini, you raise some good points. What worries me is that...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online