EMP 0.00% 2.1¢ emperor energy limited

Simple mathematics still tells me if the SP for OBL is 2c its...

  1. 756 Posts.
    Simple mathematics still tells me if the SP for OBL is 2c its leverage is still better than REY, particularly if OBL has 100% of the Derby Block (at least initially and even after getting value from someone farming in).

    BRU, with a SP of 38c today, would not then have 19 times the asset value so the OBL at 2c would still be a good leverage play.
 
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