RE:RE:RE:RE:Continued strength by TCW and PHXSo on that equity metric for CET to be trading at half its shareholders' equity like PHX it, it would have to appreciate in price 4.5X from a market cap of $6 million to $27 million. This could be a silly comparison if CET's balance sheet were weak or debt was high, but neither is the case, and shareholders' equity will increase a lot if we get a good market and impairments are reversed and EBITDA snaps back. On the tech side, they are very strong, which might be surprising for a company with a market cap of just $6 million, but they have a very long history and are trading at these levels truly is unprecedented for this company.
Long-term charts:
https://ca.finance.yahoo.com/quote/CET.TO/chart?p=CET.TO https://www.tradingview.com/chart/?symbol=TSX%3ACET