ACN
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0.00% 28.5¢ acer energy limited

worth a lot more now

  1. pmunt
    572 Posts.
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    01/03/10
    11:27
    Post #: 6389569
    With $17.9M in bank and Market Capitalization ~$30M with Bass Straight Rockhopper discovery, Trefoil & Cooper assets in hand.

    Assets only valued at $12M when cash taken out. This equates to about 5c per share. Plenty of junior oilers have only blue sky and are valued at many times this.
















    Even better value now that they are not spending multiple millions for BassGas imo.

    INP Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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