Ann: Oil production in Oklahoma and Kansas grows , page-9

re: Ann: Oil production in Oklahoma and Kansa... Andres, what do you mean the price point was not well thought out? What price would you have them adopted?
In this current Bear market due to Global economic instability its not easy to raise capital so they HAD to offer a premium, even then it was under subscribed. If the price point had of been higher do you think it would have been more heavily subscribed?
I think they did the right thing by having an Insto component and also giving current share holders a bite at the cherry. Timing seems to me to be more of a factor, when you need to raise money you cant always choose the best time, in the end so long as the drilling keeps being so successful the share price will reflect value.
I'm very surprised at the share price going so low and especially surprised at the lack of support, the depth is just pitiful. I've picked up more along the way and would buy more but for the fact that I am so heavily loaded with AOK now.