TAP tap oil limited
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what am i missing on this one?, page-6

  1. deniro50
    66 Posts.
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    13/01/05
    11:04
    Post #: 754141
    tap - why so cheap? Still seems very cheap - 2005 PE of less then 5 and 2006 and 2007 less then 8. Plus $57m in cash - whole company capitaised at just $250m at $1.70 - Take the cash out and PE is less then 4!! Does anyone know the extent of the current oil reserves?
    TAP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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