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ELK PETROLEUM LIMITED (ASX:ELK) - Ann: Wyoming Asset Sale Process Update, 13978193, page-3 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
ELK
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0.00% 1.4¢ elk petroleum limited

Well overall management have done such a piss poor effort the...

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  1. viktorinc
    535 Posts.
    lightbulb Created with Sketch. 19
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    15/09/14
    20:55
    Post #: 13978193
    Well overall management have done such a piss poor effort the past ten years that shareholders no longer want to give them any more money, and the market is only prepared to make a low ball offer for the assets at this stage - at least that's how I read today's announcement.
    I'll be surprised if they pull a good deal from here on.
    My worst investment ever.
    ELK Price at posting: 10.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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