IMP imperial corporation limited
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Has anyone noticed that natural gas made new 12 month highs...

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    29/12/09
    14:04
    Post #: 6088989
    Has anyone noticed that natural gas made new 12 month highs today at 6.01 MMBtu!! , well above the early Dec prices of 4.50 MMBtu when the deal was priced up.

    It has reserves worth $USD 150m, and earnings per year of $6.5m based on lower gas prices. yet market cap of $14.4m (adj for capital raising).

    I assume the issues are what will the Macquarie debt cost?. Also what is the strategy?.



    IMP Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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