BOW bow energy limited
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back postage stamp valuation

  1. Dudeesq
    834 Posts.
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    21/12/09
    11:42
    Post #: 6068515
    Postage stamp valuation based on 2,750,000,000 gj's (3P reserve target - asx announcement 17/12) at .41 cents (very low but conservative - based on some previous buyouts) per gj.

    1.gj's at .41cents equals $1,127,500,000
    2.shares currently on issue 286M (approx)accounting for SPP
    3.estimated price per share $3.90 (approx)

    Recon its a fair/good medium term/long term buy and possibly a takeout target.
    BOW Price at posting: $1.29 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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