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Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Energy
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.

GREY:RNSFF - Post Discussion

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.
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 
Renaissance Oil Corp.
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