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601 Posts.
8
11/02/14
14:59
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Disasterous result really - but totally predictable in my view.
I love how they say cash balance 0.27M instead of $270,000. Insolvent yes. Writedowns will be the last financial nail in the coffin.
And I was criticised for selling out at 0.5 (where is margie anyway) Thank god I did.
Thanks Steve for your wonderful work here. We all love your work.
Lost $50K on this crapper
And no point selling becuase you cant sell anyway. Write it off. Never again will I touch Oil.
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