OTCPK:WSRLF - Post by User
Post by
vindaloo_u2on Oct 29, 2011 12:14pm
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Post# 19192562
Then & Now
Then & Now WZR started trading roughly 4 years ago with around 186 million shares fully diluted. Some 2D seismic had been carried out and the share price hit a high of $4 ($744 market cap fd). At the time, oil was trading at around $90/barrel and an acceptable hydrocarbons law was in place. We can all look forward to it's slightly amended version to be implemented.---Here's a nice quote i found from Hatfield following the financing: "I actually think that's the reason our share price was depressed, because that was a widely anticipated event and people were not buying us in the market because they thought they would have a chance to buy us in a financing."