- THE PROSPECTS ARE UNCLEAR;
- A SIGNIFICANT AMOUNT OF VALUE MAY BE RETURNED TO SHAREHOLDERS;
- LOSS BEFORE TAX TOTALED 17.1 MILLION EUR IN H1 2009;
- STRONG CASH POSITION WILL NOT LAST LONG;
- SOMETHING IS NOT RIGHT.
Summary of the report:
Author considers Cadogan Petroleum's growth potential to be relatively low because of high financial, political and economical risks.
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