By the looks of things and based on the forms and progress in recent years in regards to farm in partners negotiations (which has been mentioned in the qtrly and annual report many times over and over with no conclusion), one would think that the management of this company is run by muppet, got no clue of about O & G investment reality, obviously with unrealistic expectation.
A $11 m market cap in O & G space simply won't cut it without a deep pocket farm in partners, again, who want to stump up big, big dollars to drill a few wells & take a stake in a $11 m company ? It simply won't happen.
I suspect the next annual report will have similar veins than the last few- actively negotiating / seeking farm in partners other than that NOTHING WORTH MENTIONING.
NOEL - To be fair to all SH (big and small)l, can you please spell out exactly the strategic plan for TDO - slow train to no where or slow death.
When will hibernation ends, page-8
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Last
9.1¢ |
Change
-0.007(7.14%) |
Mkt cap ! $23.20M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 9.1¢ | $22.25K | 235.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 109999 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 387595 | 2 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| TDO (ASX) Chart |
