I belive Mike has given up trying to promote BUR as it makes no difference in this market.
Simple fact is that I have seen on other stocks you can release financial reports showing your cash and assetts are worth more than your stock.
Market reaction? - nothing.
If that wont push the price up nothing will..
we just have to ride it out and just watch people commit suicide selling there stocks at seriously discounted rates.. not just BUR, but any stock..
In contrast, look at PPP another oiler and look at these maths.
Net earnings for 2008 - $52mil
Cash at bank - $81mil
Forcasted production over next 12 months 900,000 bbl at a current price of $106 bbl = $95mil Gross profit forcast
What is the stock trading at? $132mil !!!!
See, all stocks are under valued.. not just BUR..
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.52M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40250 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 209 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40250 | 0.064 |
3 | 99921 | 0.062 |
2 | 116393 | 0.061 |
2 | 83283 | 0.060 |
2 | 115000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 209 | 2 |
0.070 | 5523 | 1 |
0.095 | 200000 | 1 |
0.110 | 10000 | 1 |
0.120 | 42100 | 3 |
Last trade - 16.12pm 16/10/2024 (20 minute delay) ? |
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