broadly, what i can make of it is that -
nta/shr has decreased from 31c. to 29c.
that raises the question how can this be considering that -
1. part of amu's operations were sold at a considerable profit to book value.?
2. there has been a signifcant ammount of effort in developing wells and bringing them into production.?
3. there has been a significant increase in the price of oil
part explaination would be an increase in the $A exchange rate.
the earnings part is also confusing to me. how can there be a bottom line loss? need someone to explain this. simply.
broadly, what i can make of it is that -nta/shr has decreased...
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