GREY:CLLZF - Post by User
Post by
leveraged1on Jan 10, 2010 3:56pm
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Post# 16661312
NAV trading multiple ( discount)
NAV trading multiple ( discount)
According to the most recent CLL presentation it looks like we trading at about a 300% discount to our net asset value (NAV $4.65 divided by MV $1.55 = 3)
Does anyone know what the average (or normal) discount to net asset value is for junior oil sands companies
these days?
300% seems like a pretty deep discount to me. Lonewolf might know how much more we are being discounted than other junior oil sands companies.......anyone thanks?