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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: diddlysquatz who wrote (19)4/9/1998 7:30:00 AM
From: Robert van Mil  Read Replies (1) | Respond to of 6016
 
Paul, do you know whether there is a holding period on this financing?
New to this one (Also not in yet, @#*!), but I thought most of the time there is a 1 year period before the shares become free-trading.
Is this a different situation?
All the best, Robert



To: diddlysquatz who wrote (19)4/9/1998 9:38:00 AM
From: Robert van Mil  Respond to of 6016
 
Well, I managed to get in at 1.21 at the open. Very strong opening, 30,000 shares in the first 5 minutes. Me thinks there is more here then meets the eye.
All the best, Robert



To: diddlysquatz who wrote (19)4/9/1998 1:42:00 PM
From: speculatingvalue  Read Replies (1) | Respond to of 6016
 
If you take earnings of 16 cents per share, a conservative P/E of 15 would put the stock at $2.40. A P/E of 30 reflecting growth would put it at $4.80.

This doesn't count potential Baby Ballard hype.

Is the 16 cent figure correct or has it been diluted by the recent financing?


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