Many moons ago, while sitting on my deckchair at my headland beachut, overlooking Nido Beach, I remember telling you guys that a little man in a grey suit with this amazing striped tie had arrived in town to help improve the price of real estate. I really didn't take much notice of his number plate "Chitty-Chitty Banchak". I though that must have been the way they spelt Bang Cock.
Valuation of Real Estate
Galoc $94.1m
W.L. $30.1m
Well sale at 5.5cents (2,100m shares) is pretty close to the Valuation of just the that oil (maybe just a bit of water still in W.L. but I suppose that would not be worth much anyway)
(Price supplied courtesy of Edison Real Estate Jan 2014)
On Friday, I saw "Thaiger" loading up his car (needed heavy duty springs fitted to carry the extra weight). I said" Hey Thaig, notice youv'e changed your number plate to "Chitty-Chitty Bankcheque". He said yeah, my job done here, I off to get some fun in Cock Bang before I required at next beach".
NDO Price at posting:
5.1¢ Sentiment: Sell Disclosure: Held
