Saturday October 25, 2014
The deaths of my mother and aunt
Video Postcard #85 – happy Birthday Nadine, welcome to Britain & immigration issue
Video Postcard #84 – The lies from the BBC and our leaders over ISIS edition

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , , , , , , , ,

Petrel Resources – Valuation Not Justifiable

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

Apologies to my friends John Teeling and David Horgan who run AIM listed Irish oil explorer Petrel Resources (PET) but the valuation of your company is just not justifiable. At 19.375p the company is valued at £14.4 million. Even the house broker Northland gives a valuation range of 3.6p (base case) to 14p (maximum best case). The share price is simply far too high and here is why.

Read the full article on TradingResearchPoint | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.

Video postcard from Tom

Weekly video postcard - Ukraine, blowback, UKIP and the Euros