ACN 0.00% 28.5¢ acer energy limited

independent expert

  1. 25 Posts.
    I've often thought of these independent experts as more like "Biased Sycophants". But not these risc blokes, i am sure they have done their homework.

    Yes, Flax worth ~$2 million. In print for posterity.

    And 37.5% of PEL 182 at high risked value is worth as much as $11.9 million, only days before Senex pay $5 million for 5% valuing our stake on a look through basis at $37.5 million. Only about 3.3 times out at the high side or 9 times out ($4 mill) on the low side valuation. Reasonable margin for error I guess.

    And those crazy non-professional biased fools at Drillsearch are prepared to ignore the "unbiased experts" and pay close to full assessed value !

    Perhaps with time we will be able to assess for ourselves which parties involved in this deal were independent and who were the experts ?
 
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