Zargon Oil & Gas Ltd. (ZAR)

Zargon Oil & Gas Ltd. (ZAR $0.05)
- $0.05 Cap: $1M
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Zargon Oil & Gas Ltd. (ZAR $0.05)
- $0.05 Cap: $1M
- View ZAR Profile
- View Questions on ZAR

Q: I have small positions in each; both underwater for a long time. Any point in hanging on?

Read Answer Asked by Jean on April 19, 2021

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Zargon Oil & Gas Ltd. (ZAR $0.05)
- $0.05 Cap: $1M
- View ZAR Profile
- View Questions on ZAR

Q: In my well diversified portfolio, these are losers. I do not need the cash. Which in your view are not worth holding? I am content to hold on for any possible turnaround.

Read Answer Asked by Harold on March 01, 2017

Q: I bought some Zargon debentures as a speculation under $50 and they have had a good run with the news of an asset sale. Assuming the sale closes and net debt is down to $35 million do you think the debentures should be held to redemption next year or does the remaining risk favor cashing in now.
Also, does Toscana's sale of 6% of their production to reduce their debt by about 20% improve the prospects of that company's debentures enough to consider them?
Thanks, Jason

Read Answer Asked by Jason on August 22, 2016