5GN 3.33% 15.5¢ 5g networks limited.

heard from company, page-4

  1. 356 Posts.
    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.


 
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