ELK
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0.00% 1.4¢ elk petroleum limited

Very satisfying closeSome huge buys during pre open23m barrels x...

  1. scrabble1
    5,761 Posts.
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    05/10/07
    16:26
    Post #: 2868049
    Very satisfying close

    Some huge buys during pre open

    23m barrels x US$80 (AUS $90) = $2.07 billion

    Mkt cap currently $25m

    That is just over 1% of expected revenue, not even $1 per barrel

    Looking fwd to Monday!

    Cheers
    ELK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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