OIP 0.00% 4.3¢ orion petroleum limited

if santos/tru energy offer $10m in takeover, page-3

  1. 571 Posts.
    Unicorn.Good pick up about tax losses.Taking into account cash at bank,public company structure(very expensive/hard to float these days),existing gas fields at gunnedah(Santos said world class asset today in their presentation) ,and the value of the tax losses the stock is probably conservatively valued at 12+ cents.
 
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