Bottom with Nexen/Progress? AUM/AUA will get a boost from this, Sprott trades a 9x next years EPS estimate of 0.35, compared to its historical trading average of 22x eps.
A reversion to the historical average would mean a share price of $8.06, 224% upside.
Could see some major gains short term as the final tax loss selling has taken this to unbelievably cheap levels. GLTA