NYSE:EQU - Post Discussion
Post by
parachutist on Sep 04, 2012 5:38am
TET.TO (40% oil/liquids) sells for 90,000 $/boepd
Trilogy (TET) is another Company that proves the gross undervaluation of EQU (51% oil and liquids).
TET has a pbv=5 (!) and a 90,000 $/boepd valution !
Some will say that TET pays dividend.....Yes but the valuation gap is HUGE.
Is this meagre dividend of TET able to justify such valuation which can drop 40% overnight ? Of course NOT.
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