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Frontline Plc T.FRO


Primary Symbol: FRO

FRONTLINE PLC is a Cyprus-based company primarily operating in the transportation sector. The Company's main focus is on seaborne transportation of crude oil and refined products. The Company owns and operates a fleet consisting of multiple VLCC, Suezmax and LR2 / Aframax tankers intended for freight of oil and cargo. The Company operates worldwide.


NYSE:FRO - Post by User

Comment by dogwagon Oct 23, 2012 1:34pm
146 Views
Post# 20514495

RE: Ummm undervalued!??

RE: Ummm undervalued!??

KORES has taken all the pressure of financing  off of the shoulders of Frontier and will pay 24 million x 5 =120 million to Frontier for 50% of this deposit.that values FRO at $240 million with 30 million in cash and we  still have  a market cap of $56 million dollars.Just doesn,t make sense!!!!

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