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Equal Energy Ltd EQU



NYSE:EQU - Post by User

Equal Energy Ltd > shareholders proposal slides
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Comment by Nawaralsaadion Mar 21, 2012 9:14pm
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Post# 19703021

RE: RE: shareholders proposal slides

RE: RE: shareholders proposal slides

Updated the Annex with a new table from TD showing the average trading discount vs NAV for their whole junior and intermediate universe E&P companies. You will note that companies with at least 60% gas (average 79%) and Debt to Cash flow of 2.7 trade at 79% of NAV. Management will have you believe that we trade at under 40% to NAV due to low natural gas prices, don't buy that excuse:

https://www.slideshare.net/nawaralsaadi/equal-energy

Regards,
Nawar

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