GREY:QEXXF - Post by User
Post by
elgaveenoon Dec 18, 2014 11:40am
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Post# 23244548
Rknight = wrong math
Rknight = wrong mathSee my last post. Sale price was $10,973/boe. If the original purchase was between $8-13K then it is a wash at best. You just can't say purchase price metric is before you subtract the liability. It is misleading, and we should all know by now, that "misleading" is a common theme here.
To be specific, the original purchase metric was $8-13K, don't be fooled into thinking that it magically increased 4 fold. This news release just confirms that it didn't.