EXE exoma energy limited
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Ann: Response to ASX Price Query, page-3

  1. OnePipWonder
    3,432 Posts.
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    05/05/15
    23:21
    Post #: 15223520
    Interesting price action last couple of days.

    Whilst EXE says there is nothing price sensitive to release I wonder if there is some newflow coming in regards to The Gruden Group acquisition. I note TGG tie up with SmartTrans (SMA) market cap of $46 mil v EXE $19.4 mil. Considering EXE is a shell with $7mil cash the market is putting an enterprise valuation of $12mil on EXE/TGG
    EXE Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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