SSN 0.00% 1.5¢ samson oil & gas limited

It means sailor that if the shares ever trade on the ASX again...

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  1. 756 Posts.
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    It means sailor that if the shares ever trade on the ASX again they will be tradeable. You can't trade shares at 0.001 because they can't go any lower. Yours shares will be diluted by 1:100 meaning the sp will go from 0.001 to 0.10 and then trade down from there and go as low as the market will determine. My view is that the Bank will foreclose before then.

    I'm well past being disillusioned.
    Last edited by dougfr: 30/11/18
 
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