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12.5% 0.9¢ emperor energy limited

trading halt in pre open, page-44

  1. newregime
    2,023 Posts.
    lightbulb Created with Sketch. 773
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    27/05/12
    00:22
    Post #: 10228290
    On success I would like to state a few facts

    Current market caps
    Obl 23 million
    Nse 143 million
    Bru 680 million

    A discovery Bru can pay Obl 7 million for 30% and have 90 days to exercise the option. Obl still operator with 50%.

    When Obl made the announcement with the farmout to Grk the shareprice was 8.6c

    Obl should have a minimum market cap of 50 million on a discovery. That is about 10 cents. The problem is Obl has done the hard yards and is a sitting dick to be taken over!!!
    OBL Price at posting: 5.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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