STU 0.00% 94.0¢ stuart petroleum limited

Yes I have read that, if someone wanted to buy the oil in the...

  1. 5,426 Posts.
    Yes I have read that, if someone wanted to buy the oil in the ground as an asset and therefore buy the company it’s worth far more than the current share price.
    But if you value the company as going concern (business) profit it’s likely to make from sales then it maybe trading at fair value (a guess not a ramp)
    I know nothing about the area so what I am wondering is what is the likelihood of further discovery and therefore greater production/ profit.

    Any Clues, no I don’t want a chartist opinion.

    Gyro

    I do own a few but am unsure whether to increase.
 
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Currently unlisted public company.

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