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RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."


TSX:RMP - Post by User

Post by JPMUSSEon Jun 23, 2015 2:47pm
150 Views
Post# 23860441

Stock price

Stock priceBased on my Analysis, the stock price should be sitting at $ 4.45, this company seems to be really undervalued. The calculation is based on the most recent balance sheet. First off, there will be no takeover anytime soon, secondly if the takeover situation does arises, the offer should be around $6 - $7. The outlook of the company is storng with positive cash flow.
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