OTCPK:MAUXF - Post by User
Comment by
bxjuon May 12, 2015 12:34pm
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Post# 23719620
RE:RE:RE:RE:RE:Deal or No Deal?
RE:RE:RE:RE:RE:Deal or No Deal?Gibbons, I think you are reading way too much into this. My guess the share price is where it is because it is NIGERA. The same reason that it took forever to reach $2.00 when it was making good $ and paying a very high dividend. Had it been in US or CA it would have been a $5+ stock at that point. In addition, it is to MW's advantage to keep share price low. When the deal was originally announced many on this board felt the price was way too low and may have voted against the deal. Now, I think most will be happy with the deal. Who iknows if MW has been unloading shares under anon or G$ to help keep share price low?
If you are not a betting investor, why play with penny stocks or do you not buy or sell but just advise others on these BB's?
The Nigerian government is obviously needing these Nigerian oil companies to succeed. At this point, do you actually think suddenly the Government is going to go Green and demand the clean up of all of the spills when something like 90% of thieir income comes from oil?