RE: RE: RE: Management fail Interesting how you blame management for bad markets and trading habits by small retail investors. This stock has gone down on small volumes. CBM Asia is down 7% yoy vs the TSX Venture decline of 24%. That is great outperformance. In the last year they have delievered an additional 705 Bcf to total 1 Tcf and an Exxon deal with could add up to 11 Tcf - see the latest Oil Barrel. Under normal market conditions the stock would have soared but the TSX and the remaining investors are so depressing the stock is now at a 52 week low. No wonder why they want to list on the London market. This is not about CBM Asia or its management team this about the TSX Venture exchange. Unless you are in production with cash flow its next to impossible to raise cash. I am sure that's what the managment team are in London doing now. They not letting the stock slide for no good reason - why would they do that and dilute themselves. TSX V does not understand international oil & gas never has that's why any international company with good prospects moves to London - Heratige, Tetheys etc.
Don't get me wrong I am upset the share price is down but don't I blame the management team for bad markets and events like Cyprus and a completely negative attidue of the TSX Venture investor base. The S&P is up 26% vs TSX V down 24%.