InvestorsHub Logo
Followers 2
Posts 114
Boards Moderated 0
Alias Born 09/23/2009

Re: Tamtam post# 281875

Tuesday, 11/19/2013 11:47:11 AM

Tuesday, November 19, 2013 11:47:11 AM

Post# of 361629
tamtam9042, I do not agree with the 0.10 someone else posted of share price on oil discovery. But Africa oil has far fewer outstanding shares than erhe. Value is determined per value or perceived value of company / assets, divided by number of outstanding shares. So comparisons to Africa oil share price are not a very accurate guide.I was hoping for more of a share price increase on the good news as of late. But I guess it will take the announcement of the terms of the farmout. Hopefully it will be a boost to share price. The terms of taipain's farmout have been posted. I hope that the terms erhe ends up with or even better