"Tradersam, there's 129m shares on issue so that would make net revenue (excluding tax) of 1.3cps."
Sorry went of the Comsecs ATC Company Report showed the figure I mentioned...
So then reiterating what I posted above - and using Net income EPS and the last SP trade (11.5)
Current PE = 8.8, which is probably pretty reasonable for a producer. But that would place no value at all on any of the other tennemants.
So some would say the Share Price is now based solely on the producing UK oilfields. If that is the case maybe if we get that production higher, then the SP will improve.
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