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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Post by goldn1on Jul 22, 2013 2:00pm
290 Views
Post# 21622302

TGZ = .66 --- OLE = .28

TGZ = .66 --- OLE = .28
.66 times .582 = .385

The Chet factor still gives OLE a 35%+ discount from where we should be trading. I am considering playing the arbitrage, but you never know with Chet. He continues to give himself and his wife nice saleries and keeps taking about the buyout management will get if there is a change of ownership. If he was paid on performance, like most CEO's he would be broke...


G1
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