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Ann: Rising oil prices - Hedging Update, page-79

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ablett05

12 Posts.

7

06/10/23

12:15

Post #: 70207197
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Originally posted by Quest09: ↑

IMO, CE1 is significantly undervalued.

I am still accumulating, as buying in today pretty much allows me to receive a 10% to 15% return on investment within the next 3 weeks (through the capital return, as per details shown above).

Beyond that, there is further capital to be returned to shareholders in January, and additionally, i will be buying into a company that:

- has just announced very positive news surrounding the drilling campaign of 3 new wells.
- has an annual revenue of AU$ ~ 98 million per annum.
- has a market cap of AU$ ~ 58 million dollars.

IMO, there is a lot of upside potential here.

Expand

Quest09, please stop ramping. I understand you bought shares so it is in your vested interest for the shares to go up.

But please go easy on the ramping.

CE1 Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
9 Upvote

4 Great analysis

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