The expenses do not present so much a biased outlook, as a delayed outlook, and all Organisations are different. This Organisation is yet to show a profit, despite being around for quite a while, and years ago Shareholders would have expected a higher Shareprice than the $0.09 to $0.10c that it is today.
A share price higher than it is today will not happen, IF Armour have to load up with more debt.
The best option they could take from a Shareholders perspective is to focus on Myall Creek for a few years and make it profitable. Become a profitable company... that should be the target....
Ann: Myall Creek Well 5A Spudded, page-8
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
