current assets as of Dec 31 2020 were 19.39M where
Post# of 1013
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