Re: Net Asset value of 1.43$/share trading @ 0.3$ !

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paulmac0

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Re: Net Asset value of 1.43$/share trading @ 0.3$ !

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Net Asset value of 1.43$/share trading @ 0.3$ !

help

posted on Jun 08, 2011 10:26AM

Did you look at the latest interim statement?

They profited by almost $500,000 in 3 months, since the last interim statement, the average oil price has moved higher still

They also closed 5 million in equity and have a lot of room to move with their bank loan.

I would expect to hear news on some type of aqusition.

What are your thoughts?

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