UIL
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0.00% 4.2¢ uil energy ltd

News: UIL Eneabba Gas says to merge Perth basin assets with UIL Energy, page-2

  1. petersmithlorraine
    452 Posts.
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    25/02/16
    16:53
    Post #: 17117260
    This seems a good deal for UIL and has been well received by market - up 23% to-day. I can't work out what ENB's SP should be - it seems the initial offer of 1 UIL for 5.5 ENB means approx SP for ENB is only about 0.008 which can only increase if the 1st well is successful. Yet ENB has a buyer @0.016- overpriced??
    UIL Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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