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0.00% 28.5¢ acer energy limited

director selling shares, page-8

  1. ggambler
    1,184 Posts.
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    05/10/07
    18:44
    Post #: 2868364
    I would sell my INP shares if I were director of INP too

    a rough calculation for you to switch your INP profit to ELK
    (1) ELK is worth 23m barrels recoverable oil = 23m x $80US ($1.84 billions US at current price)? market Cap only $22 millions US
    (2) INP is worth 120m barrels with 15% recoverable oil = 120m x 15% x $80 US ($1.44 billions)? market cap $ 200 millions US

    did I miss anything?
    INP Price at posting: 0.0¢ Sentiment: ST Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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