Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

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Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.

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Renaissance Oil Corp. > Easy math, roe still undervalued

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Post by Rogerthat2 on Apr 20, 2021 12:59pm

Easy math, roe still undervalued

reco at 7.93 currently. x .046 reco share for 1 roe share per LOI = equivalent roe share value of .365 cents. Roe is trading at a discount today. Haywood values Reco at $10. Easy math.

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Comment by doggiestyle on Apr 20, 2021 1:32pm

At $10 for Reco - ROE is worth 46 cents. $9 - 41.6 $8 - 36.8 $7 - 32.2 $6 - 27.6 Its trading at 32 right now which vaues RECO at under $7 (but its actually trading coser to $8). At one point this morning you could have bought ROE at 29 cents!!! I didn't notice and someone stole it first. This is easy money

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