http://www.proactiveinvestors.com.au/companies/news/50422/carnarvon-petroleum-raising-up-to-12m-to-support-north-west-shelf-gas-well-50422.html
Worth a read !! I like this part at the end...
"Proactive Investors Phoenix South could provide a double or triple “play” on the company’s current market cap of $71.27 million.
As such, on our estimates, we believe that Carnarvon Petroleum’s current share price of $0.07 does not reflect anywhere near its underlying value."
http://www.*.com.au/companies/news/50422/carnarv...
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15.5¢ |
Change
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Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 322549 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 810953 | 14 |
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