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Renegade Petroleum Ltd V.RPL



TSXV:RPL - Post by User

Comment by bigbabon Feb 12, 2014 12:17am
319 Views
Post# 22198512

RE:RE:new math

RE:RE:new mathSeems high to me....they will be assuming RPL's debt 

I'm glad I sold today @1.30 ,


before today ALX had a market cap of 170M for what ???  

something like 800 BOE/d  ;  

RPL had a cap of 203M for 5600-6000 BOE/d !!!!  ......


I would tend to agree that RPL is getting the shaft , but I could EASILY be wrong.....I will take my 40% and run....although I would have rather sat by and collected 10% yield and waited for a better deal.....





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