SSN samson oil & gas limited

They still have the asset whether the land sale goes through or...

  1. 495 Posts.
    They still have the asset whether the land sale goes through or not. They also have the demand for the asset.

    Based on this I'd say a short term drop (profit taking and short termers) should still result in a stabilisation at 9 cents.

    It would all depend on whether Samson disclosed a backup plan ie another buyer in the wings. In this economic climate shareholders want to see money in the bank.
 
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