SSN 0.00% 1.5¢ samson oil & gas limited

Thanks again cmonaussie for your very in depth analysis on...

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  1. 776 Posts.
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    Thanks again cmonaussie for your very in depth analysis on Samson .
    A few questions?
    If there was a buyer for 50 million and the sale left ssn with 25 million cash in the bank , what happens next will the MC reflect the cash in the bank and share price be roughly 1 cent?
    Would ssn sheet up shop and distribute the cash to shareholders?
    Will ssn purchase another reserve ? Are there any for sale currently in the region around the 20 million value?
    I wonder what TB intentions are?
    Could there be another rabbit out of the hat?
    Interesting times cmonaussie just trying to get my head around it all being a novice in the field
    Thanks
 
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Currently unlisted public company.

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