Yes I have read that, if someone wanted to buy the oil in the ground as an asset and therefore buy the company it’s worth far more than the current share price.
But if you value the company as going concern (business) profit it’s likely to make from sales then it maybe trading at fair value (a guess not a ramp)
I know nothing about the area so what I am wondering is what is the likelihood of further discovery and therefore greater production/ profit.
Any Clues, no I don’t want a chartist opinion.
Gyro
I do own a few but am unsure whether to increase.
- Forums
- ASX - By Stock
- STU
- This not a Ramp
This not a Ramp, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)