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0.3¢ grand gulf energy limited

Well if it weren't on sale and cheap, I wouldn't be buying more...

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firehawk08

969 Posts.

28

12/03/15

18:33

Post #: 14904802
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Originally posted by noofstar76 ↑

Will be interesting to see if we actually re rate when the price of oil recovers. How in the world is this company valued at 4 million AUD.

If this market had any sense we should be valued at least 3-4 times that - and that would still be ultra conservative.

2.2 million in bank, 7 mill pa revenue, no debt, low admin cost, tight register (50% held by directors), proven reserves, upcoming gas play.

Crazzzzzy

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Well if it weren't on sale and cheap, I wouldn't be buying more every month or so when I get paid from my day job.

Got to know when to hold them, got to know when to fold them. Got to know when to buy them and got to know when to sell them.

GGE Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $9.380M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$3K	1M

Buyers (Bids)

No.	Vol.	Price($)
23	19418675	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	175000	1

View Market Depth

No.	Vol.	Price($)
4	27599472	0.004
11	4475392	0.003
11	11600000	0.002
8	42550054	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	1150528	3
0.006	5120000	2
0.007	1285351	3
0.008	5480000	10
0.009	400000	1

Last trade - 12.25pm 22/11/2024 (20 minute delay)

GGE (ASX) Chart