SHE 11.1% 0.8¢ stonehorse energy limited

I Agree, SHE is doing a lot of good things at the moment.You...

  1. 2,039 Posts.
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    I Agree, SHE is doing a lot of good things at the moment.

    You probably know this , the Significant revenue generated last quarter was not included in the last Quarter accounts, their is a delay of around 2 months, it should make it into the next Quartile announcement.

    Currently the Share price is oscillating around 1.2 to 1.4 c giving an enterprise value near zero, means that hardly any value is given to the oil in the ground or future revenue from current producing wells !

    For each million in profit generated and recorded in the Quartile the market cap will probably drift up to re-balance a to give again a enterprise value near zero.

    Also they have not paid their first dividend yet which will certainly give a massive re-rate.








 
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