TAP 0.00% 7.8¢ tap oil limited

Ann: December 2016 Quarterly Report, page-9

  1. 11 Posts.
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    The quarterly report was not too impressive. However on the positive side the debt is reducing and the enterprise value is $41m based on today closing Share price of 9.0 cents.
    Given that the hedging will expire in Feb and potential increase in revenue, I think TAP will appreciate in value in next few months.
    Definitely will be holding on this undervalued stock.
 
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Currently unlisted public company.

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