It virtually impossible to be able to buy into a small oil company that just found the biggest oil field so far onshore Australia with a market cap of under AUD 250 million or so.
I put my money where I think its going to grow 4 to 8 times. Original investmnet at 38.5 cents and an enormous top up at 1.15. As an oil explore onshore Australia I know the value of this discovery and it not 1.50 per share, it on current disclosure by INP over 4.00 and if what I hear the inplace oil (still to find oil water contact) in 250 million barrels then this stock worth more than 8.00. Using my conservative NPV 10% model developed for such an onshore discovery.
Why did I create such a financial model you might ask. Well do some research and work out who I am, its not hard.
Thats price is assuming no dilution of existing shareholders.
Look at my early post Friday week ago (before the announcement) and on Monday also a week ago.
It my money and its on INP, your money well good luck to you both.
cheers
PC43
I may be ramper but its based on fact and what I see a a phenomenal opportunity, its doesn't get much better than this.
INP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held