BAS 8.45% 6.5¢ bass oil limited

I thought the same but thankfully I got out because after all...

  1. 641 Posts.
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    I thought the same but thankfully I got out because after all the announcements about UPLIFT IN PRODUCTION which i believed over the last six months, if you look back production has been consistently lower since April 2017 and the latest anouncement advise drilling has been pushed back to end of 2018. one of the directors subsidiaries sold a big wack of shares just before this last excuse about why there will be no real uplift in production for April.
    The only thing BAS has going for it at the moment is the Rise In Oil Price which they should have taken advantage off, but they can't because real out of ground production is still lower than it was a year ago.
    AIMO DYOR
    Last edited by Rhodesy: 13/05/18
 
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