ELK
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0.00% 1.4¢ elk petroleum limited

Big picture says NPV $95mill, Market Cap $46mill so company is...

  1. tat68
    217 Posts.
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    12/02/13
    12:54
    Post #: 11409669
    Big picture says NPV $95mill, Market Cap $46mill so company is undervalued.

    Todays market says price before announcement 30c, price 1 hour after announcement 28c.

    yesterdays days market says early price 32c, price at cloase 28c.

    Seems we are being held in a position so sonmebody can accumulate more shares ready for a run after CO2 announcement towards the end of the month.

    My opinion only
    ELK Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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