The Advent Energy share price of 50c is the seed capital price. That's how you get brw 200 people to invest in start up's. The monies that Advent are raising will be used to drill up and confirm whether the hydrocarbons in their prospects are commercial quality. Imagine then the float price of Advent once it lists, it won't be 50c...more like 'dollars' to enable those that have risked their capital up front to benefit the most.
Value will be unlocked once we've moved forward on Advent drilling, plans for a float and then an in-species distribution to shareholders like TRF are doing with ROL.
DYOR
GBA Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held
