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Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."

GREY:HRTPF - Post Discussion

Petro Rio S.A. > hrt x ogx
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Post by Rzbern on Nov 19, 2014 8:03am

hrt x ogx

If we imagine a hypothetical situation where they had no need to submit to reverse split now by recommendation Bovespa, which only requires that for August 2015, we could imagine that the action would be grouped now 10: 1 and the path would have 1 year to go back to 1.00 and be, oh yes, thanks for the Bovespa, to be grouped again. In August 2015 would again reverse split 10: 1, and will sell the surplus and shareholders will be diluted and shrunken. A good long-term planning, but from who, to who?. Today hrt is in the condition I saw last OGX, which had been share price 23.00, after down to 13.00 when it came to the shareholders found that it was undervalued, even at 10.00, fell to 8.00 in the first gross head and shareholders said it was unjustified, put it at 8.00 and the same thing. Was to 6.00, to 5.00, to 1.00 ... and today 0.10. I heard many shareholders OGX to 5.00, 6.00 to speak: these prices I'd rather not sell. I will not give away for free. Are just trying to scare the sardines, the minotitary shareholders. They, the sharks, do not take mine. Today are 0.10 cents! will the answer be asked now is: I would rather have sold the 5.00, 6.00. Now all they, minoritary shareholders said: my shares now like a worthless powder.
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