Wink I was in with options at that time and out with a range of sells up to around $2.
I got out because management felt very inexperienced and they got too top heavy too fast.
I agree with Mont. Looks top heavy on the finance side for what is now a very small company with about zero sales. The important ones are the ones that do the deals. You're spot on that accounting would be a few hours a week so that's a bad warning sign.
Doesn't mean it won't be good if they are fast. I'll be watching but too many promises for too many years means they need real results before they will be taken seriously. Besides my opinion of most ASX management is about as low as it gets. Most would not make a year in the private business world because their bank manager would shut them down.
OIL Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
(20min delay)
