HOG 0.00% 0.3¢ hawkley oil and gas limited

19% discount on energy index alone

  1. 324 Posts.
    Hoggers,
    Based on energy index alone this stock is 0.21 cps, which is 19% above its current price. Naturally I have topped up.

    Energy index is made up of barely profitable companies, ie, Chevron might postpone Preston point, WPL reports a low profit, others are pie in the sky with a whole infrastructure to be built ie EGO.
    We have got this HOG in admitedly prickly woods and pulling in money.

    In my opinion current sellers might be nervous Euro investment houses like Greek banks depositors who have to liquidate their best assets?

    Dexter when do you suppose current exploration licence renewal might be granted?
 
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