vineseeker2 SPOT-ON... THE only time this Share Price needs to go up is when SEO makes his deal...ONLY THEN ! We shareholders are just noise in the meantime. glta Dig.
Question 1: Am I missing something? Did the First Atlantic Bank thing already get resolved?
Question 2: If this lower share price is about 60.6 million shares then at 20 cents these share are worth about $12 million. If SEO's goal was to lower the share price to the lowest possible of say 10 cents, he would save himself a paltry $6 million...all that effort for $6 million, when there's billions of barrels potentially at stake? Seems a bit far fetched to me. On the other hand, if you are saying that normally, we would be trading closer to a buck and by keeping the share price near 20 cents is saving SEO some $48 million, then perhaps you have a point.