ELK 0.00% 1.4¢ elk petroleum limited

Listless I do not believe the major holders are privy to...

  1. 4,838 Posts.
    Listless
    I do not believe the major holders are privy to anything that has not been released to market. I suspect their investment decision was based on the dead certainty upside of the co2 flood. I also suspect that a shares upside from Grieve over the next 12months has been slashed by 30-65%. So the value over and above our market cap is coming down.

    "I understand that you are in the bracket of shareholders that are immediately done over by this deal though."
    Yes I am among what will likely be around 90%+ of shareholders.

    If we get a serious collapse in the global economy and could we see new lows??? I find it unbelievable myself but with no buyers it would only take a few desperate sellers.

    Cheers
 
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