ZEN zenith energy limited

Why on earth compare on a per share basis when they’ve got...

  1. 599 Posts.
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    Why on earth compare on a per share basis when they’ve got hugely different amounts of shares on issue?

    Market cap of PEA is 470m now, ZEN is about $96m.

    So ZEN’s business valued at about 20% of PEA. Pretty simple.

    Some people have no idea but are happy to out inaccurate lines (or huge blocks of text) of ‘analysis’ on here. It’s dangerous to those who read it and assume because it’s long and looks well written it must be accurate.
 
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