re: undervalued---still And down it goes still..
By my calcs from announcements they earn 2.8 million PA, thats 4.9c/share. That makes them as an gas play at a PE of 10.2x.
they had 3.8 million in the bank and are sitting on large tracks of land..
It seems a bit undervalued, but down it continues..and to what levels?
Pelsaert