TXN 0.00% 58.0¢ texon petroleum ltd

valuations are totally wrong here, page-13

  1. 17,783 Posts.
    lightbulb Created with Sketch. 103
    agentm..thanks for your reply.

    I have been working on the following assumption;

    Revenue pa $54mil
    cost per bbl $35.00 (can you confirm as I did assume $25/bbl)
    Admin $2.4mil
    Capex / deprec $8.0mil

    Based on PE of 8: fair value would be approx $0.64


    I topped up today at $0.45
 
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