ACN 0.00% 28.5¢ acer energy limited

newcomers beware, page-6

  1. 6,650 Posts.
    If you read MD Ross W views he said that

    "they think that only 10% recover"

    by they he means uninfomred stock market rampers and dumper, that not what he said.

    He said that the recoveries will be between 15 to 50%, have another look at the INP announement and then see if you can work out the value.

    cheers

    PC43

    PS The stock market oil analysis are not going to re-rate this stock until a new reserve statement is made (say in a months time) thats why INP is such a cheap entry price right now, plus known rights issue to come. Why run the share hard, keep them low so that the new boys can buy more % for the same money.
 
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