PRM 0.00% 0.5¢ prominence energy limited

Sasanof-1 Target Depth Week Stream, page-330

  1. 1,917 Posts.
    lightbulb Created with Sketch. 655
    Not sure anyone would take that on.

    65% probability to get max 600% return (assuming .002 lowest)

    vs 35% probability to lose 3125% (assuming 25 cent on open)

    reality is I think % are evening up to 50/50 at least at the moment as we've passed some of the probability hurdles.

    I expect end up with around 12TCF for the project which gives PRM 1.5TCF

    1 TCF = 1000 x 1 billion cubic feet of gas - gas price per 1000 cubic feet = $9.54
    1TCF = 9.54 billion revenue
    1.5 TCF = PRM's probably share = 14.31 billion in revenue
    divide by 2 for profit margin of proposed take over $7.31 bill
    divide by 2 for cost margin to get it out $3.65bil
    price per share $1.82 per share on successful take over
    divide by 10 for some other bullshit factors
    $0.18 cents on open lol


 
watchlist Created with Sketch. Add PRM (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $1.945M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
8 6226606 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1639764 2
View Market Depth
Last trade - 16.12pm 10/10/2024 (20 minute delay) ?
PRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.