GREY:LSTMF - Post by User
Comment by
CDNOilon Jul 18, 2013 1:29pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
205 Views
Post# 21616056
RE:RE:Re Share Price
RE:RE:Re Share PriceI guess we see it differently.
Market price is equal to market perception. It's not necessarily equal to value.
If you want to sell your shares ASAP then market price being lower than value is definitely not good.
However, if you're actually investing in these shares then you should be happy the price is fairly low despite solid production and high price of crude oil, especially with such a high dividend. You're accumulating more and more shares at prices below what the shares are actually worth.
In the end, you'll be rewarded one way or another. If the investment community notices that the stock is undervalued, the price will go up and you'll make money by selling your shares at a higher price than you paid. If the investment community doesn't notice then the company will pay out its earnings to stockholders (through dividends).