Undervalue.. As a long time Guide shareholder the merger with Westfire is a greath move.
Long Run looks to me undervalued .
For example I have made a comparison with Crew
Company BOE/d Share Issued Cashflow/sh Netback/BOE Acreages Debt(M) Share price oil/gas
Long Run 24,910 126,910,000 1,85(e) $ 28,10 1,861,000 450 4,20 50%
Crew 29,286 120,829,000 1,52 $21,78 984,000 355 7,84 57%
I could add many others like Celtic,Legacy,White Cap, Bellatrix and Long Run shoudl be at least twice his actual value.
It's a matter of months to see Long Run at $ 8,00 or higher.