CPC carpenter pacific resources limited

whoooooooossssshhhh, page-4

  1. 31,237 Posts.
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    re: whoooooooossssshhhh-yes i have been sitting on this dog for years, but always thought i should buy more,, given the cash asset backing. good to see some effort to give the cash back to shareholders. this might be worth a punt, at the present price - given that it is a no brainer that the company will return 33c per share to shareholders, and then raise more money at 14c. 5% of the maari field looks good

    gee the news for me has been good lately

    nzo - oil in new zealand
    cpc - capital return and more focus on oil
    kcn - more gold
    adm - backdoor listing for VACUTEX - worth looking at

    lum - just terrible
 
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