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Posted On: 03/24/2021 11:01:09 PM
Post# of 1020
current assets as of Dec 31 2020 were 19.39M whereas current liabilities were 7.58M Dec 31
as usual an excellent current ratio of over 2.55
total assets have recovered to a little more than they were before impairment costs were taken on the first Megiddo well and were 43.5M Dec 31,2020
whereas current liabilities are 7.58M the chief of which was a contingent liability of ca 3M on the 10% convertible bonds
partly due to insanely cheap shares in much of 2020 O/S increased from ca 123.9M shares to ca 237.3M shares year to year on Dec 31,2020
goes without saying bashers will emphasize this.
2.164M was raised from Jan 1 to Mar 22, 2021 via the DSPP program ,compared to over 28M in 2020 via DSPP (partly due to insanely cheap shares) and over 14M in 2019 via the same
as usual an excellent current ratio of over 2.55
total assets have recovered to a little more than they were before impairment costs were taken on the first Megiddo well and were 43.5M Dec 31,2020
whereas current liabilities are 7.58M the chief of which was a contingent liability of ca 3M on the 10% convertible bonds
partly due to insanely cheap shares in much of 2020 O/S increased from ca 123.9M shares to ca 237.3M shares year to year on Dec 31,2020
goes without saying bashers will emphasize this.
2.164M was raised from Jan 1 to Mar 22, 2021 via the DSPP program ,compared to over 28M in 2020 via DSPP (partly due to insanely cheap shares) and over 14M in 2019 via the same
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