GREY:BXEFF - Post by User
Post by
RichyRich$on Aug 14, 2019 6:39am
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Post# 30025878
13 X Gain to BXE 5-Year Average Market Cap
13 X Gain to BXE 5-Year Average Market CapThe Average Market Cap (Total Shares X Share Price) for BXE for the Past 5 Years was $309M. Current Market Cap $24M. That's 13 X Gain to get back to the Past 5-Year Average Market Cap! Courtesy of YCharts.com. the beauty of using average market cap as a gauge is that it factors in the past splits. Since it calculates total shares X share price. The market cap is the ultimate raw gauge of value. You can compare to the 5-Year Average and to other similar companies market caps. Other Oil n Gas with more debt have over $100M Market cap. Right now BXE has 41M total shares. Easy to calculate. But ycharts gives the historical. In August 19, 2014 BXE was $1.7 Billion Market Cap!!! Only 5 years ago! That would be 71 X Gain to get back to the peak market cap of BXE 5 years ago!!! Don't think with FEAR... think with LOGIC and facts! Time to buy up ladies. Lol Don't be pusssies. Lol