GBP 0.00% 2.5¢ global petroleum limited

cash backing about 14 cents?

  1. 455 Posts.
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    Any-one knows if GBP still has about 25 mln cash? Because with 175 mln shares on issue this means 14 cents per share.

    A drop in share price equal to the London drop (-32%) would mean the GBP is going to trade below cash backing.

    This should mean further downside risk is Limited.

    Any ideas?

    Cheers
 
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Currently unlisted public company.

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