Sumatec under Halim Saad making a comeback.
Sumatec will take over all the oil field in Rahchota with 4 for 1 capital reduction. Then 15 +6 w +2b for every 2 share @20 sen.
This would balloon sumatec share to 9.5 billion and will use 800 million to buy billions of asset worth of oil in Kazakhstan.
Have sumatec really found oil only time will tell?
As an investor a 3k investment in sumatec right issue will give u 17 mother and 6 warrant. Work out to 15 sen for an oil company. Too cheap to be ignored in my humble opinion.
Good luck sumatec.
"Time is the essence of a good business"
Good luck! Amigo!
Yours sincerely,
Dr Lion.
Sumatec will take over all the oil field in Rahchota with 4 for 1 capital reduction. Then 15 +6 w +2b for every 2 share @20 sen.
This would balloon sumatec share to 9.5 billion and will use 800 million to buy billions of asset worth of oil in Kazakhstan.
Have sumatec really found oil only time will tell?
As an investor a 3k investment in sumatec right issue will give u 17 mother and 6 warrant. Work out to 15 sen for an oil company. Too cheap to be ignored in my humble opinion.
Good luck sumatec.
"Time is the essence of a good business"
Good luck! Amigo!
Yours sincerely,
Dr Lion.
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