GBP global petroleum limited
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Current valuation of GBP's 13.1% FOGL shareholding is...

  1. asteroider
    19,552 Posts.
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    01/02/08
    11:52
    Post #: 3309184
    Current valuation of GBP's 13.1% FOGL shareholding is approximately 14.34m pounds at 1.19.

    Converted to AUD = 31.5 million.

    So GBP continues to trade at a discount to assets.
    I wish they would do something to add value.

    Current GBP cap ~ 26m

    'Assets' 31.5 and 7.9 cash, so cash+asset ratio is approx 148% of market cap.

    GBP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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