Disappointing
I am very disappointed in Valeura's management.
They need to keep shareholders up to date on news whether it is good or not.
A lot of shareholders got in this company at the early stage and were in for between $4.00 and $9.00 pre rollback.
I worry that we may go down yet more and get booted back to the Venture exchange.
Then another financing and a gazillion shares and low and behold another 10 for 1 rollback.
Not sure about Jennings coverage anymore either.
On Sept 13 2012, they lowered their target to 7.25, down from 9.00 a year earlier that obviously was not met. In their last two OIL updates, they have removed a target price all together for Valeura.
Hound, I was one of those that got in early and thought long term.
How much longer is the question.
.