Well done Sushi1
At 2007 earnings of 17 cents per share, the less than $1 attributed by the market to the oil assets you have calculated, the PE is currently less than 6.
Nothing for 20 odd exploration wells in 4 proven oil/gas regions that are underway now.
No one complained when the share price went from sub 20 cents to $2.00 between late 2001 til March 05 under the same management.
A whiff of gas or oil from any of these holes will ignite the share price from these low levels. If these don't go back to $2+ before the end of May I'll divorce my wife.
heard from company, page-4
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $52.05M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $21.58K | 139.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6266272 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1549373 | 16 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |