GOE 0.00% 2.7¢ go energy group limited

down 16%, page-6

  1. 995 Posts.
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    Yes, I understand what you are saying.
    I disagree in what you are saying about luck.
    Management has proven to be top class. David Richardson the major shareholder who has put his money in when it was necessary is known as a top gun who worked for Worleyparsons. With him at the helm I dont think it will be a dead duck. Quality of management is paramount.
    Maybe in a couple of years time when the consolidation that you mentioned has taken place, SOO might be the winner or will be taken over. In both cases shareholders made money. At 5 cts, a mkt cap less than 10 mln dlrs is a steal. Even in these horrible times they were cash flow positive in the last qtr.
 
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