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0.00% 0.3¢ grand gulf energy limited

Ann: GGE March 2016 Quarterly Reports-GGE.AX, page-11

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  1. webbj
    4,636 Posts.
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    13/07/16
    11:21
    Post #: 18257849
    Whilst the demerger/ATO stuff hasn't gone as expected. .your other comments are correct except the SP is now even lower!

    MC at 0.5c is around $3.5m cash this quarterly should be around $3.5m by my estimate, and profitable even whilst POO has been so low.

    Any sustained uptick in the price of oil/gas and things could get interesting indeed.
    GGE Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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