88E 33.3% 0.2¢ 88 energy limited

Ann: Operations Update, page-56

  1. 177 Posts.
    lightbulb Created with Sketch. 144
    Think you need to work on Enterprise value......not market cap.

    So to get that.

    88E Market Cap minus net cash = EV

    PMO Market Cap plus net debt = EV


    Suddenly PMO with all its debt is valued in the billions still............ LOL

    Market cap without taking into account net debt or net cash is very misleading............
 
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