Razor Energy Corp V.RZE.WT.H

Have ya'll looked at sedar??

[EstevanOutsider]

Explain to me how Razor Energy isnt a zero. Neg working capital and on pace for default. Expect more dilutive equity raises in a best case scenario.

[Bananahanger]

Lots of room to raise equity. If it raised a hundred million it would still have a market cap of less than half of Gear.

[Bananahanger]

Or a market cap of around half of IPO or JOY.

[Hungus]

Banana, you really should look at sedar instead of the wild market speculation for this company. If you did, you would see that what you wrote is absurd. You are essentially saying that all these O&G companies, in a perfect world, would have an equal market capitalization, all the while ignoring how much in assets each of them have. The assets vary greatly between them. Actually, in a rational

[Bananahanger]

So what would you buy today? I have a lot of money just sitting from ATH, GXE and iPO profits. With oil at 110, there has to be something worth buying.

[Hungus]

As far as O&G stocks go, the last time I checked, there was no better bargain out there than YGR., trading well below its net asset value per share of $4.47. Their debt is being repaid down and dividends are imminent  (likely to be declared next quarter). There seems to be a very rich shorter out there with an irrational beef against YGR at over 5 million shares shorted (an all time high

[Bananahanger]

Thank you. I will take a look at it.