OIP
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0.00% 4.3¢ orion petroleum limited

if santos/tru energy offer $10m in takeover

  1. richrichie
    3,394 Posts.
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    30/11/11
    12:39
    Post #: 9366689
    That would still be undervalued.

    OIP has about $6.1m. Thus its still a cheap buy for OIP's tenements for under $4m.

    ie. pay $10 get $6m cash back.

    This is worth more than 7c
    OIP Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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