GGP 0.00% 0.6¢ golden gate petroleum ltd

some news, page-21

  1. 53 Posts.
    I reckon this is just getting ridiculous. Its pathetic that production has only nudge the SP up a little but a dry hole has plummet it back to new lows. The question is, How low is low. According to cash and assets over its shares issued, is GGP really worth 1.8/1.9 c? At one stage I recall it was at 3c abt 3 months back. For it to deplete its cash and bring the share to 1.8, in a matter of 3 months or so would be a little extreme. This is just wat I'm recalling and if its wrong, please set me straight.
 
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