FDM 0.00% 1.1¢ freedom oil and gas ltd

vicksburg well, page-73

  1. 8,720 Posts.
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    Neilie, a very important factor (but certainly not the only one) that drives stock prices down is uncertainty. The better clarity the market has the more accurately a stock can be priced by the market. The more opaque the information or the more uncertaintythere is about a stock, the more the stock will be discounted by the market for that uncertainty.

    There are a lot of questions about MAD, all of which have been asked on this forum (many repetitively but thats the way it goes). The more that the company answers those questions the more we can expect to see whatever the true value of the company is. In the meantime it will continue to get discounted to reflect those uncertainties.

    Cheers, Sharks

    PS: I agree if there is no ann about the Vicksburg well it is a reasonable assumption that it is not a good producer (if at all) - if it is good, the company would announce it, of that I am certain.
 
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