Post by
JrOGInvestor on Jan 12, 2022 10:18am
Quick Question for those that follow ATH and GXE
Why is GXE (approx 6,000 BOE/day) trading at almost 1.00 where ATH (approx 32,000 BOE/day which is roughly 5 times more) only at 1.34. ???
Comment by
ComradeKomissar on Jan 12, 2022 10:41am
Plus GXE is off radar. Nobody knows about it. It is a great little company. But you will only see performance when they get their debt down to $0, and they start returning capital back to you. This will not happen until June.
Comment by
cahclick on Jan 12, 2022 10:40am
That sounds more like a hot tip than a question. What you're suggesting is that if all cats have tails and all dogs have tails then all cats are dogs. Good luck junior jmo
Comment by
JrOGInvestor on Jan 12, 2022 12:23pm
Thanks for the advice! I did have a look at outstanding shares/market cap but my 'quick and dirty' math still didn't quite get to the 5X difference, frankly i hate drilling (pun intended) down to far into financials. Also I have both cats and dogs. Not a tip just trying to figure out the obscure valuation at 80 dollar oil.
Comment by
BackinBlack2022 on Jan 12, 2022 2:25pm
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Comment by
Rational43 on Jan 12, 2022 3:48pm
I don't own GXE, but I do own IPO {Not enough obviously...wow} Was lucky enough to pick up a decent amount three days ago in IPO after reading about them, timing could not have been better.
Comment by
BackinBlack2022 on Jan 12, 2022 3:58pm
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