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Antrim Energy Inc. ATGYF

"Antrim Energy Inc was incorporated on September 29, 1999 in Canada. The Company is engaged in the business of oil and natural gas acquisition, exploration, development and production in international locations. The Company, through its subsidiaries, conducts exploration activities in the United Kingdom and Ireland."


OTCPK:ATGYF - Post by User

Bullboard Posts
Comment by ARRon Oct 02, 2012 2:59pm
254 Views
Post# 20438992

RE: Getting Started

RE: Getting Started

Don't understand what you are getting at with AEN and IAE comparison.

AEN has 185 million shares and IAE has 259 million.

So, at 0.30 / share, IAE's rev is significantly hiigher.

AEN - $55,5 m , IAE $77,7 m

 hence, the higher share price and market cap.

 If you insist on comparing them, you have to assume all but rev/share is equal, and IAE is properly valued.  In that case,  AEN should be about $1.36/share to be equivalent to IAE.  But, those are illogical assumptions and the comaprison is meaningless.

Bullboard Posts