ELK
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0.00% 1.4¢ elk petroleum limited

It's all above my head…..management say they did some serious...

  1. Cham
    817 Posts.
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    15/09/17
    18:04
    Post #: 27254025
    It's all above my head…..management say they did some serious due diligence,thats good.

    I like the following quotes:…..Acquisition is at a significant discount to proven net asset value.

    Strong cash flows allow for significant deleveraging over the next 2 to 3 years.

    Downside …..going to dilute the script by roughly 50%
    ELK Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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