Quote Originally Posted by turmeric View Post
IMHO the three bits I bolded
Eg, After 3 or 4 years you would have has a pretty good return on your capital had you invested at the IPO (or soon after)
They didn't change their strategy because the initial one didn't deliver.
Everything was fine before the capital raise (hence why they were able to convince investors to part with $180m at $18.15 (a price above the market price at the time).

Anyway this is not a XRO thread - don't want to clutter it with. I encourage people interested in XRO to head there for more info. .Good luck to everyone involved with GeoOP!
P S, I Bought XRO early 2010 @ Approx 1.50. and it was stagnant for approx 3 years.