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Equal Energy Ltd EQU



NYSE:EQU - Post by User

Comment by dbeaudeon Mar 26, 2012 6:40pm
149 Views
Post# 19720193

RE: RE: RE: shareholders proposal slides

RE: RE: RE: shareholders proposal slides

Question Nawar. Is PI using the same crude oil and gas price assumptions in their NAV calculation of $12 as TD is using in their comparison table?

Thanks for the work you are doing. Appears that Equal has zero geopolitical risk and yet is trading at such a discount to NAV (32%) that one would think that it is operating in Syria or Yemen and not US and Canada.

Someone has got to take a run at this company if this dislocation to reality continues. It could be bought for a 55% premium to today's closing price (~$6 per share) and still be bought for 50% of the NAV and less than tangible  book value. Absolutely crazy.

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