AZZ
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0.00% $7.50 antares energy limited

broker valuations

  1. Bargain
    831 Posts.
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    06/01/08
    21:48
    Post #: 3214649
    I have seen a few posts about broker valuations on AZZ. The latest one I have seen was from Tricom. It has a $2 million increase in AZZ's Market cap for each BCF in Rowena alone. Given that AZZ predicted a size of the field of 200BCF+ and the number of shares on issue is 158 million, that gives a share price of $2.97 for 200 BCF at Rowena!!!!

    If Rowena turns out to be 500BCF that becomes $6.77 and that is without taking into account all the other fields that AZZ has going.

    Bring on that trading halt.
    AZZ Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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