GAS 0.00% 12.5¢ state gas limited

State Gas, page-34

  1. 4,559 Posts.
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    since the global financial crisis GAS would just about be the most overrated over valued oil/gas stock ive seen...
    the company has no revenues... no assets...
    huge expenses...
    they will topping up the coffers in no time...
    something doesn't add up here...
    there is pretty much a zero justification for a 50 million dollar company here...
    geeze...
    they will have to pump a huge amount of gas to even turn a profit... let alone supporting a 50 million dollar company... when the smoke clears in the IPO aftermath this will correct towards 10cents per share...
 
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