PPP pan pacific petroleum nl
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is awe better value than ppp

  1. joelbaby
    1,739 Posts.
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    22/04/08
    13:01
    Post #: 3614734
    Hi.

    PPP Market Cap 160million
    AWE Market Cap 1.6 Billion

    PPP is 'cheap' considering the size of the Tui reserves it owns.
    AWE has 9x more Tui than PPP, plus other projects. Therefore AWE is at least equal in 'value' to PPP?

    Simplistic argument.. wondered what you think?

    For the record - I used to own PPP, but swapped over to NZO.

    Joel
    PPP Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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