snouts in the trough- 1/10th relist value, page-3

hey piggy,

there is a 10-1 consolidation, which doesnt change the MC or value of the company.

The value of the company will always hinge around its original agenda of selling the proven assets.

Of course there has been dilution, and that is where you will lose value of the sale price of script.

SP value sale = Sale / FD script.

Maybe the sp target is reduced, but i dont think as bad as 10-1

10c-20c target for starters. Depends on FD, and sale price.

There will be a limited opportunity to average down, if you believe that when they show gas flows, that will follow with a sale of the companys assets and a return to shareholders.

Lets just give them, the new management a go at doing it right second time around.