ACN 0.00% 28.5¢ acer energy limited

future shareprice potential, page-12

  1. 2,894 Posts.
    lightbulb Created with Sketch. 297
    I think shareholders at 1.90 will be smiling this week not sometime in the future.
    120 mn b say half recoverable=60
    INP share 45mn with inground value of $11/barrel =$495 mill or approx $3/share and this before deep drilling has been done and giving no value to blue sky of which there is plenty.
    Obviously there will be plenty of profit taking on the way to $3(quite tempting if they were 35c a couple of days ago) but there will be plenty of people who value in ground oil at @$25 or more and hence the shares at $6 to $8'
    One certainty is that this gonna go up and down like a haws drawers tommorow as future and cuurent greed compete
 
watchlist Created with Sketch. Add ACN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.