That being the case, halving AUT's mcap gives $550M, which is 2.85x SSN's current mcap of $193M. Put into SP terms that's 34cps.
OK but read Hartley's report and enercom and remember that was before the recent massive addition of current land.
If we factor in potential ( which admittedly the market is ignoring at the moment but the market can quite easily change)the sp should sit comfortably at around 80 to 120 cents per share. And that would be fair value only imho
and this figure would be ignoring any huge spikes in oil prices and all love and kisses in the middle east
80-120 cents per share imho
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