there are many undervalued stocks on the asx at the moment and TAP is just one of them.
cash plus Zola (current value) probably equates to market cap.
this means that wen have the gas contract ($30m p.a. till end 2016), Manora, Ghana, WA351P, W.A. unconventional shale plays ........... all for virtually nothing.
Little risk that this will recover quickly as global markets stabilize.
Hope that you are accumulating at these levels Dr. Daz and are not entirely concentrating on MEO !!
TAP Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
