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2 comment(s). Last comment by einvest88 2017-10-30 17:42


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Posted by fangyew > 2017-10-09 13:38 | Report Abuse

thank you !


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Posted by einvest88 > 2017-10-30 17:42 | Report Abuse

analyse from aspect of mkt cap more appropriate instead of looking at no of share alone. at the peak UMWOG mkt cap was 11b then slump to 600m+ at the low of 28-30c. After corporate exercise the no of share surge to 8b with mkt cap of 2.4b+...With crude oil bottom out at 26+ early 2018 then many O&G stock bottom out (including UMWOG) lately, share px of UMWOG surge above 50c is very reasonable given that the gearing was substantially drop from 1.90 to 0.40. If crude oil back to above 100+ then UMWOG expect to hit back to mkt cap of 11b with share px around 1.30-1.40...

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