GREY:WFREF - Post by User
Comment by
bossuon May 26, 2015 6:45pm
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Post# 23767045
RE:RE:Crescent Point acquisition
RE:RE:Crescent Point acquisition Important consideration:
In June of last year,LGY was trading at $ 9,50 and a year later the offer is $ 2,85 or 30 % of the 2014 trading price and it looks ridiculous but the offer is on the table.
At the same time in June of last year LRE was trading at $ 5,70 .Applying the same ratio or a 30 % of the 2014 June valuation and we have a $ 1,71 .Just to say that at the actual trading price, LRE is way under valued and it gives a ''ball park figure''of the LRE SP