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Renegade Petroleum Ltd V.RPL



TSXV:RPL - Post by User

Comment by 19Weaselon Feb 08, 2014 7:45pm
341 Views
Post# 22188199

RE:RE:Something new today

RE:RE:Something new todayStag, I too hope it would be higher than $1.50.

As I've stated before, I've owned this equity since it was in the 4's.  I have averaged down over the years and now sit at ~$1.31 ACB between two accounts.

I would be happy with $1.50 insofar as securing an overall 15.3% return on the investment, not including the dividend payments.  This said, $1.50 I would consider a low ball offer.  

After everything that's happened with this name and being a personal glutton for punishment, I am just waiting for a hostile takeover to happen at any time (ala Goldcorp vs Osisko).
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