Post by
Anonymously on Jul 03, 2022 1:25pm
I3 and Kelt
I just can't quite understand why I3 is at $0.40 CAD/shr. and Kelt is more than $6 CAD /shr.?? I mean the boe/d for I3 is approx. 21000 and Kelt is around 27000 boe/d, (I looked up and reviewed both reports). Yet the share prices are vastly different? Should we not be at a similar share price as Kelt? What am I missing?? Sorry for asking, thanks in advance for your comments.
Comment by
Buyreallow on Jul 03, 2022 5:18pm
part of the reason is that KELT has 190 million shares outstanding, I3e has 1.2 billion.
Comment by
Anonymously on Jul 03, 2022 8:26pm
Yes I3 more shares and their mixer maybe different from Kelt, even so price discrepancy is too great. Furthermore, even if a recession kicks in the price still does not make any sense. wtfdik
Comment by
Buyreallow on Jul 04, 2022 6:12am
Sometime within the next month or so we will get the Q2 financial results. I think that will give people a real good picture of what I3E is doing. And should they raise the dividend again, which I think is possible, we will see a big move upwards.