FDM
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0.00% 1.1¢ freedom oil and gas ltd

shareprice is getting smashed, page-56

  1. Paul100
    3,701 Posts.
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    26/10/12
    18:27
    Post #: 10917948
    nihilism

    The risk is if Gulf pull out it sends a clear signal that the smaller wells are worth much less than has been claimed and built into the market cap. Sure you get 9M cash but I dont really think most investors will care as they hit the sell button.

    FDM Price at posting: $1.08 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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