Wednesday September 02, 2015
Greek Hovel wildlife diversity report…now it is the poisonous spiders
Tara the cat medical update – the bills are going the roof, but some progress
Weekly Postcard #121 - The Women's FA Cup Final and what it says about the loathsome BBC

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.

Support Free Speech

Get your Free Speech & Liberty Pizza House t-shirts here