ELK 0.00% 1.4¢ elk petroleum limited

Rather than thread your post with sarcasm , why not try using...

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  1. 215 Posts.
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    Rather than thread your post with sarcasm , why not try using some facts , it's hardly a toot toot on my part as I've refereed to it as a "proactive liquidation ".

    There is obviously an asset that Denbury have invested in, there is an inferred debt that's owed to Denbury , there are some very large shareholders who are stuck in ELK and there only road to realising value is a reasonable price for the assets.

    The share price values ELK at 17m today , so the question is his much can ELK clear in a sale over and above the current share price ?

 
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Currently unlisted public company.

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