SSN 0.00% 1.5¢ samson oil & gas limited

samson has negative equity - mr market wake up

  1. 330 Posts.
    Like many here I was surprised in how much this little bugger went up.

    At a worst case scenario we get $61M. Samson's current market cap is $56M. One can only assume that the market is applying negative equity to the rest of Samson's business. Ridiculous!! Preposterous!!! What the?

    Generating positive cashflow, gary about to blow with more Bakken to come.

    Then the rest of Niobrara.

    Wake up Mr Market.

    I topped up a little bit more. Couldn't help myslef. This is the start of a great future for this company.
 
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