SSN 0.00% 1.5¢ samson oil & gas limited

I am in the same position as many others holding this stock with...

  1. 555 Posts.
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    I am in the same position as many others holding this stock with an average cost of 9 Cents, many others will be worse off than me.I could buy more and average down further, but I have given up any hope of this stock reviving within the next 12 months and then if at all.I will hold to the bitter end.
    I am rather bitter at TB and the board for destroying the value of this company.I think that Notrealgoodatthis has it right with what this company should do.This company will not get its head above water until the market can see it heading for an operating profit.I must say that other O&G juniors that I am in are not doing too well either, so SSN is not alone in being down.But our management seems to have caused a large part of our decline.
    I look forward to the hope that TB and the board will get their act together and get some expertise into their field operations.Not doing so will further cripple this company.
    Off to the bottom drawer for this one.
    Good luck all.
 
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Currently unlisted public company.

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