Post by
MarkAble on Dec 09, 2020 10:51am
Cash value
The bid on POE's share price today equals the stock cash value alone (which must be accruing as I write this). The proven, considerable and growing reserves are not even factored in to the share price. Unbelievable! Shouldn't this stock be trading in the at least the $1.25 range?
Comment by
InvestInYou on Dec 09, 2020 1:29pm
If you believe in: (i) the Thailand asset, (ii) management’s ability to accumulate cash (not burn cash overdeveloping), and (iii) the oil market, this stock is severely undervalued.
Comment by
Bulldog8mystock on Dec 09, 2020 9:02pm
Jeff and Bill refuse to put some money towards the promotion of POE. This should be a triple of where it's now. Being this is small cap company, I don't believe that a share buy back is reasonable when Jeff, Bill and board members have cheap options. We would be better off if they gave us a half penny a month dividend.
Comment by
MarkAble on Dec 10, 2020 10:41pm
Well at least you can wait for a higher share price. Certainly doesn't seem like there's much risk in holding.
Comment by
nozzpack on Jan 05, 2021 2:41pm
Very nice run up . I think we are going to see very good news.