WBE

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0.6¢ whitebark energy ltd

Ann: Reserves Update - 184% Increase in 2P Reserves, page-5

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Joelsmith2452

917 Posts.

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26/03/18

11:48

Post #: 32022307
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Originally posted by invertedva ↑

Surprised this thing won't move after successive good news.
The only explanation is that the company has to rebuild trust with investors are a long-run of disappointments, not to mention deals that seem more concerned with ensuring directors get fat fees than generating shareholder returns . In this regard, the de-merger of TSV's North American assets springs firmly to mind. Here, we were told that the de-merger would simplify investment and development of our North American assets, and then, later we discover that WBE (after a hasty rename) is getting back into Canadian shale. And still, TSV Monteray continues to provide nice fees to the directors and, I as a shareholder in that entity, have no idea what is going on with MY assets.
Messina seems to be pushing the company in the right direction, but its going to take some time, it seems, to overcome historical perceptions of how (and for whom) this company is run.

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Well we now know how much oil there is in place and how much they are pulling out.

What we really need to know now is what NETBACK they are generating.....

Numbers are all well and good, but until there are dollar signs in front of them the market will not react!!!

WBE Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

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Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $2.523M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$0	5

Buyers (Bids)

No.	Vol.	Price($)
4	491799	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	149998	1

View Market Depth

No.	Vol.	Price($)
1	125000	0.008
3	522038	0.007
4	976334	0.006
3	599995	0.005
1	500000	0.004

Price($)	Vol.	No.
0.010	622667	3
0.011	779001	2
0.012	618018	2
0.013	1283370	5
0.014	363284	1

Last trade - 10.08am 22/11/2024 (20 minute delay)

WBE (ASX) Chart

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