SSN samson oil & gas limited
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6.8/7.8 close?, page-57

  1. buc
    8,617 Posts.
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    17/09/10
    15:54
    Post #: 7211967
    The way I see things at the moment is if SSN was to fold tomorrow and stopped trading and all the assetts were to be sold ,together with the $70 000 000 already in the bank,we have a very undervalued sp.

    If that were to occur, according to my calculations ,every SSN shareholder should get back a cheque , minimum of $0.012 per/share.

    SSN is trading at least 50% below it's book value.

    Any opinions?
    SSN Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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