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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Comment by acceptmydamnusernameon Jul 12, 2013 9:22am
146 Views
Post# 21603782

RE:Lot's of other websites out there..which one is best?

RE:Lot's of other websites out there..which one is best?There are 295 million shares outstanding. Where the number 590,000,000 comes in is if you are trying to calculate the value of shares on the tsx/otc based on market cap. If you decide based on the massive oil find in Murombe that HRT is worth $4 Billion you would divide that by 590,000,000 in order to come up with the target price for the GDS shares. If you wanted to caculate the Bovespa you would use 295,000,000
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