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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 MurrayMacon Oct 23, 2012 3:18pm
108 Views
Post# 20515056

dogwag, RE: Ummm undervalued!??

dogwag, RE: Ummm undervalued!??

You're right dogwag, but know that after the November payment from Kores, FRO will have cash reserves of $56 million.

 

It's hard to believe that FRO's market is only $58 million. But there is a large buyer today [Anonymous] who believes in today's news. 

 

 

More later, for this there is much to talk about this stock,

 

Murray

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