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I wouldn’t buy that directors were forced to release something...

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FiendishRedbeard

7,936 Posts.

232

07/03/19

21:17

Post #: 37691268
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Originally posted by spinefx: ↑

thecone,

I agree the handling was a debacle, something or someone forced Dave to release that RNS.

The RNS was a statement of fact at a point in time, it was largely misinterpreted by the market as a duster despite not even reaching the oil bearing targets.

But markets search for these opportunities, nothing we can do about that.

The dual listing is a minefield when it comes to these situations, however it seems to have provided you with a very good opportunity. So mustn't grumble.

The share price had already lost its gains from mid 8c to high 6s before the RNS came, just proves that runs into spud may no longer happen.

Cheers

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I wouldn’t buy that directors were forced to release something at all. They would have had the option to remain in TH pending clarification imo. Looks a bit amateur hour.

Didn’t follow this one, well done to holders could be a big few weeks yet. Who said the oil age is dead.

RMP Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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