RE:RE:The Deeps will get Drilledstiffupperlip wrote: The market over the last couple of days has shown little interest in this deal and this management team. Too little too late. In the small cap space you get very few second chances. Name me one success story from Thailand?
It's a story man. Tell a story, people get juiced up (maybe), buys time for more salary accumulation and now they have a new travel destination for "business".
Do you think since the last company went broke that these "assets" were maintained well? Did they get an exploration block with it or just a platform with declining production? If so, big deal.
A small cap should never play offshore, costs are too rich and risks too high. Just gotta watch their 1/4ly reports to see the numbers when they come out. The truth is always there.
Market is clearly indifferent to this deal.