GREY:BNKPF - Post by User
Post by
tinman8on Jul 31, 2009 10:29am
472 Views
Post# 16181577
BKX share price potential -
BKX share price potential -Originally split from the parent company (BNK) - BKX had an initial value of $2.50.
Given the fundamentals one can easily imagine the SP recovering to at least half this.
However, realistically I'm not calling for $1.25 this year, - but I would not be surprised to see it 'knocking on the door' at close to a buck by some time this fall - when the inflection point comes between over supply in storage, and greatly reduced production.
GLA - I'm still adding to my holding.