Originally Posted by
Chalice
Hoop,
Whilst mortgaging your house is a big step I'm very surprised you are using posters as (part of) a benchmark of your decision making process - especially given the credence some of the posts on this forum attracts... Personally I think NZOG management have done a pretty damned good job of late, especially given their junior position in the production and development partnerships.
Can you please indicate what makes this company "high risk" at present, why an addition of 200 mill liquidity would increase the risk of take over and given historical strike rates, increased understanding of the Taranaki environment and increasingly attractive developmental/exploratory leads would mean 200mill down dry tubes?
Having a look at the current vol/SP, is your TA sparking up yet?