Dear Thae fool It is good thimg for the stock. operaters are waiting and slowly but steadily buying as you might have witnessed inspite of selling they are not allowing price to go below 19.6 and above 20.6. nvest for a yerar if you have guts and money you will not be disppointed the way stock will give rou returns in bad or good index levels.
I do not invest on Gut feelings. I consider stocks operated by operators a bit bad bcoz we never know when they are going to dump it.
I do like Assam but is always curious about insider selling. They may be due to some bigger issues expected in the future.
Assam Company management is really bad and has stopped informing investors about the status of their E&P. I have to go through quarterly reports from Canoro resources to get the updates.
hello fool,
you seem to be a regular watcher of Assam.
Anything to share from the Canoro site? ..... i couldnt find it.
Was curious about their debt redemptions and the operator controled movements.
What is present debt level, and what is the bottom line?
you can check my other post on Assam company for canoro updates.
you can also try to google for "canoro resources". but click the "news" link instead of cliking teh search button.
i do not have the precise numbers on their debt position but i know its preety high.. about operators.. I am not sure when do they come in and go out.. :)
Assam company is an excellent company which will turn into a vast company in couple of years. You wont get this script at this low level. Will give exponential and multibag returns