ELK 0.00% 1.4¢ elk petroleum limited

imploding, page-25

  1. 4,837 Posts.
    10c = $6mil mkt cap - $2mil cash....... values 1mil barrels of producing reserves at$4 a barrel...and not a penny for any of the other assets.....I expect if they offered Greive for sale at 50c a share they would have buyers knocking the door down...good luck getting shares at 10c let alone on volume.....personally, I am sure i would never be able to get back in if I sold..
    Cheers
 
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