AZA stated in an April 07 presentation when the shares were around ~ $1.18 that their 2P reserves were valued at $8 vs $20+ industry average. Now the share price is $0.88.
That means you can buy a proven barrel of oil for around the cost of a 6 pack of XXXX that will be worth 10 times that out of the well head.
- Forums
- ASX - By Stock
- AZA
- broker phoning insto clients to sell
AZA
anzon australia limited
broker phoning insto clients to sell , page-18
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)