Undervalued29 Sep 2015 08:52
Current
Shares in Issue: 32,653,843
Share Price: 23p
Market Cap: £7,510,383
Net Assets: £15,668,676 ($23,778,000), Share Price based on Net Assets should be 48p (100%+ gain)
Cash at 30 June 2015 £2,162,821 ($3,281,000)
This coming quarter the SUPER 116E rig will finally be completed.