RE: So what's the truth on this share19 Aug 2019 23:32
Truth is... the previous management bled this company dry of money... one CEO (Graeme Thomson in 2016 I believe) was paid approximately US$1.6m in Shares and cash remuneration, even though they found not one drop of oil!! Hence, they have issued shares like confetti and consolidated. The original holders are down 90%+ now. Also, they basically twisted the truth, in RNS and statements made... Glowing in the Dark etc. (for those that were around, like me!). Asher is just using this, as a lifestyle company... IMO. They may find some oil eventually... but it will be pure luck, if they do. GL anyway.