PRE 0.00% 6.0¢ pacrim energy limited

Time for a new heading.With a resource value of $280,000,000...

  1. 3,961 Posts.
    lightbulb Created with Sketch. 4
    Time for a new heading.

    With a resource value of $280,000,000 equals a take over value of appx 1.75cps.
    T/O value is 10% of in-ground value.
    So the market is selling this at a huge discount.
    This is buying time not selling. This IMO should be holding around the 1.2cps mark, which would be more reasonable at current status.
    JMO
 
watchlist Created with Sketch. Add PRE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.