GLL 5.00% 1.9¢ galilee energy limited

market value seems low

  1. 167 Posts.
    lightbulb Created with Sketch. 8
    Mkt Cap value = $27m as per Comsec
    Qrtly report shows $11m cash
    Leaves $16m for assett values.
    NZ assetts???

    Aus assetts...ATP529P is subject to a JV with AGL who are paying/spending on exploration and amount of $37M to own 50% of ATP 529P.

    GLL own ATP 799P located close by.

    Seems a pretty cheap buy at the moment....anyone like to comment..I'm a holder
 
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2.0¢ 2.0¢ 1.9¢ $12.25K 615.0K

Buyers (Bids)

No. Vol. Price($)
4 350000 1.9¢
 

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Price($) Vol. No.
2.0¢ 599999 1
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