Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by HRTDramaon Sep 20, 2013 3:55pm
399 Views
Post# 21755805

HRT

HRTConsider that current total net assets in the books reflects a value of about 4 Bln, instead company value is just cAD 140 Bln.

Even if Real Net Asset value is about CAD 1 or 2 Bln, with the current market value of CAD 141 Mln, there is convenience to take the company private and sell the assets on a private transaction.
<< Previous
Bullboard Posts
Next >>