ELK 0.00% 1.4¢ elk petroleum limited

Enough banter guys. The reality is that fundamenally this...

  1. 946 Posts.
    Enough banter guys. The reality is that fundamenally this company is a standout of the junior oil explorers. The 23mbo is worth in excess of $2billion while the company is trading at a significant discount. I look for arbitrage like this in companies - i saw the same with the likes of KAL. Either way we are onto a winner which is currently significantly undervalued.
 
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Currently unlisted public company.

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