Debt17 May 2015 09:06
There are ridiculously few small cap oil and gas companies not struggling and constantly fighting against debt atm. With the current low oil price it would be easy to scrutinise accounts in the oil sector and find problems on many stocks. These O&G minnows are always a huge gamble and anyone who thinks differently is only fooling themselves.
With a strong management team and eventually an improving oil price things can be turned around. I intend to keep my holding and wait for the turnaround, adding if the price continues to drift.