MHL 0.00% 0.3¢ monitor energy limited

How come nobody wants to buy my 2.5 cent options which are...

  1. 10,469 Posts.
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    How come nobody wants to buy my 2.5 cent options which are expiring on 31 December 2010?

    There does not seem to be a market for them. I wonder why? It looks like I will have tax losses, small though they are. The only other positive will be that I will no longer own any form of rights/interests in MHL.

    Will MHL ever explore its K-stan tenements?

    All that potential oil that poster Brantley used to post about back in 2007 is going to be found by some lucky Boratland investors in the future.

    So, I hears you guys are going to have a capital raising? How else did you think you would fund those trips to the West Indies. Good luck in this market. We investors get what we deserve for sticking with doggies (only the good traders make money on pure explorers).

    Actually there has been very little money made for long term investors in the oil/gas space (except some csg plays - KAR is an exception) for about 3 years. Look where AWE is today, or BPT, ROC, OEL, etc. Even CVN has come back a long way. If the oil price falls for a while due to economic problems you know where the oilers will be heading.

    Anyway, my MHL saga will end in December and I can totally move on from this MHLDreamLand. My other Boratland play, CIG, has also caught the MHL disease and will probably die in the fullness of time.

    Got GOLD? I have been suffering from GOLD fever for the last 18 months. It keeps me riveted to other spec plays that consume ones wealth in the hope of finding the golden goose.

    loki (as ever, the optimist)
 
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