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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by avispaon Jun 02, 2014 6:28pm
150 Views
Post# 22622819

RE:RE:RE:RE:RE:NAPKIN CALCULATION

RE:RE:RE:RE:RE:NAPKIN CALCULATIONPOST-CONSOLIDATION --- shares outstanding 23M (572M/25:1) --- CURRENT T ASSETS $37M --- CURR T LIABILITIES $12M (no long-term debt!!!!) --- A-L/SHARES=$25M/23M ==== VALUE $1.1/SHARE!!!! --- DOUBLE CURRENT PRICE ($0.50).
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