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7.8¢ tap oil limited

Ann: Tap advises take no action regarding Risco takeover bid, page-15

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pbawley

1,233 Posts.

140

04/05/18

09:04

Post #: 32877160
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Originally posted by Aftermath2017 ↑

Now I used all my fingers and toes, but never got anywhere near your numbers.

TAP has $US 13m in cash, last report for 3 months said we had 5.3m increase for the 3 month period to March. Let's say, +5m till June, +5m till October, +5m till December, +5m till March 2019 is only $US 33m.

33 million / 426 million'ish shares = .077c US a share or about 10 cent AUD.

Remember I used fingers and toes.

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Since we're using fingers and toes, I'd guess the non-Manora assets should count for a thumb at least ?

TAP Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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