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0.00% 2.6¢ jupiter energy limited

cr history and wealth destruction

  1. Good Oil
    5,932 Posts.
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    13/08/10
    19:56
    Post #: 7017671
    From what I can see , here are the CRs from May 2008 to May 2010.

    May 08 $7.6m (7c)
    Sept 09 $7.237 (2c)
    Feb 10 $2.25 (4.5c)
    May 10 $6.5m (6.5c)

    Total $23.587 poured into Block 31 to date.

    Todays 'deal' values the Company at $23.93m , at 2.7c (much less if you use the more realistic 2c EV)

    So remind me again where any value creation has occured?

    DYOR
    JPR Price at posting: 3.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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