TXN texon petroleum ltd

let the games begin!, page-28

  1. 11,875 Posts.
    euroz i believe benefits from the capital raisings that AUT does, that being true, it doesnt surprise me that the valuation is so high, but go on and use it and rely on it

    its like getting a valuation to buy a home from the seller, not an independent entity

    so far you have given me nothing to suggest that AUT isnt currently overvalued, just a euroz valuation so you are reinforcing that even on a simple level you are incapable of thinking for yourself

    if I can buy 10 TXNs for the price of 1 AUT or 5 TAP for the price of one its a no brainer

    just tally up the totals for cash(from sales), acreage and current production, reserves

    granted I havent done a calc on reserves (not many calcs at all) but it still is early days , production is probably more favored over reserves anyway

    everytime you get a price which is too high for AUT. but go ahead and do a reserve calc as well and add on the other items just mentioned and then we shall all see and if the calculation for AUT shows it isnt overalued compared to its peers then so be it, we will all learn something and the exercise will be useful for everyone

    I got into TXN early, I mainly use charts for my trades not fundamentals, so really I dont a hoot.



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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