ACN 0.00% 28.5¢ acer energy limited

how about this for value

  1. 5,001 Posts.
    PC,

    How about these numbers:

    Let's plug some conservative numbers in:

    120M BOI (as stated by the company)
    INP share = 90M (75% share)
    15% recovery = 13.5M barrels
    Value in ground = $35AUD per barrel.

    total value = $472.5M AUD
    Divide by 180M shares(including options)

    = $2.62

    What are your thoughts on this calculaton and did you arrive at 4.60 can I ask.

    If you have posted previously please post calcs again.
 
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