CIG
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0.00% 6.0¢ caspian oil & gas limited

Caveat: don't really know much about the quality of their...

  1. jp37
    52 Posts.
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    17/03/11
    11:15
    Post #: 8068066
    Caveat: don't really know much about the quality of their licences (ie. probability of finding much), nor the sovereign risk.

    However, it appears to me that there is reasonable strength in the balance sheet, being $2.7m cash and $5m of financial assets (stocks). They offloaded $1m during the last quarter. Anyone know what stocks they hold, and how they have faired over the last 2 weeks?
    CIG Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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