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ELK PETROLEUM LIMITED (ASX:ELK) - Ann: Elk puts Wyoming Assets up for sale , 13467061, page-13 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
ELK
Click for more information
0.00% 1.4¢ elk petroleum limited

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

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  1. Nagarjuna
    215 Posts.
    lightbulb Created with Sketch. 23
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    05/06/14
    16:19
    Post #: 13467061
    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 ?

    ELK Price at posting: 9.8¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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