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METGASCO LTD (ASX:MEL)ELK PETROLEUM LIMITED (ASX:ELK) - Ann: Termination of Elk Petroleum Merger, 14919146, page-7 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MEL ELK

For some reason I've always been quick to defend management and...

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  1. watchtheeyes
    294 Posts.
    clock Created with Sketch.
    16/03/15
    11:02
    Post #: 14919146
    For some reason I've always been quick to defend management and the board throughout this Shakespearean tragedy, however in this particular instance there is no other way to frame it other than complete mismanagement and horrible judgement.

    Up against it in getting that $1.6m back, all depends on ELK's pipeline sale I'd wager.. which is looking increasingly unlikely.
    ELK Price at posting: 2.4¢ Sentiment: Sell Disclosure: Not Held
    MEL Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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