GLL 0.00% 1.4¢ galilee energy limited

Not sure you understand what ROE actually is. Since GLL has not...

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  1. 112 Posts.
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    Not sure you understand what ROE actually is. Since GLL has not booked income or payed a dividend their current ROE is zero. However, say they were to start producing gas at 5million GJ/yr @ $2 profit per with the current share market valuation their ROE would be around 80%. The ROE of the entire market (as measured by the S&P 500) has averaged in the low to mid-teens in recent years and recently hovered around 12.5% in 2016.

    All speculative until they show gas but gas is what will drive the global economy for the next 20-30 years and the Galilee has a crapp load of it.
 
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Mkt cap ! $5.757M
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1.4¢ 1.4¢ 1.4¢ $3.648K 260.5K

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1.4¢ 239447 1
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Last trade - 12.11pm 27/11/2024 (20 minute delay) ?
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