GREY:BNKPF - Post by User
Comment by
xmasteron Jun 21, 2016 1:29am
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Post# 24982518
RE:RE:RE:RE:RE:BNK leaving the permission Sedano in Spain
RE:RE:RE:RE:RE:BNK leaving the permission Sedano in Spainradio....i did not say it is worth 50 cents...but rather i said that this stock has traded at 50 to 100% of iae.to (ithaca). at the time I wrote that comment iae was trading at $1 and hence my reasoning this should be worth atleast 50 cents because iae traded the way oil moved while this keeps staring us with no benefit in oil rise so far.
now it baffles me even more....iae hit 1.25 today. 25% gain since i wrote that and this is continuing to amuse us on downside. i had been very happy holder of this stock but this just does not make sense to me. on the face management did all the right things, financials look good to me and they made sane decision in letting europe go. all positive upsides.
sure we may have lost some reserves in process but i don't think we deserve to be this low.