GREY:GTMIF - Post by User
Comment by
Rapax11on Jul 20, 2010 4:02am
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Post# 17280837
RE: RE: Anomaly?
RE: RE: Anomaly?I think Gastem is extremely undervalued compaired to it´s "twins" in the Lowlands. And by "twins"I mean those who have approx the same type of acreage, GMR and QEC are partners in a big area in Lowlands.
Gastem holds 170.000 acres and QEC hold 300.000 in the Lowlands, GMR is valued at 1/20 of QEC.
But when I read some analysis of QEC the target price for that stock is even 3-times higher than today. What do you think that does to Gastem? Gastem is so far undervalued that I have never seen it´s like.
The big catalyst here is the oslo-listing, when GMR has established itself on the oslo market and a lot more firms has it on it´s radar the stock will 4-double, I think.