AZZ 0.00% $7.50 antares energy limited

thanks for the post augusta.very informativeone quick question...

  1. 1,160 Posts.
    thanks for the post augusta.very informative
    one quick question to you..why does the market place a higher per acre valuation on the farmed in acres compared to the owned acres?
    I have traded in and out of AUT and watched it continue to rise but am puzzeled as to how its farmed in acres have a value of circa $40,000 acre yet AZZ just sold its acres for circa $8,500/acre
    If that holds true for the Petrohawk assignment than we can expect the market to rerate AZZ
    Could well be that the less AZZ actually do the drilling the better the sp will be?
    thanks
 
watchlist Created with Sketch. Add AZZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.