CIG 0.00% 6.0¢ caspian oil & gas limited

1 seller for 1018000 at 0.065, page-10

  1. 60 Posts.
    CIG's book value is obviously sensitive to PRU sp.
    Pru holding by Cig is nearly worth half its market cap.

    For Every 40cents difference in PRU SP in effect it should represent a 1 cent change in CIGs SP.

    From the chart CIG found good support at about 7 cents after its run. Since then its shed about .6 cents to 6.3
    which has followed PRU's decline from 1.50 to 1.25

    The market i don't think is even valuing the production levels put forth in recent reports. They diddly squat as my nan would say.. it will be the program commencement by santos which should see some movement of the sp hopefully in july / august. If PRU ran it would be a bonus help also to the SP.

    cheers whit
 
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