Actually they should never have bought off Todds at 10c per share.
Sp now is 6.1c - 39% loss.
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Not sure anyone saw oil price crash apart from you Balance?
Isn't it interesting, a year or so back we were lucky if we had 50 yrs supply left,best not to believe the hype.
https://www.nzx.com/companies/NZO/announcements/279101
Why couldn't they just pay a dividend???
If you think Zeta is just getting rich on all this, to do with NZ Oil and Gas, buy some Zeta shares on the ASX and get rich as well.
Some investors hate dividends, they feed the tax man. Some investors prefer value and the ability to manage tax against loses. Different strokes for different folks.