Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."

GREY:LSTMF - Post by User

Lightstream Resources Ltd.

Bullboard Posts

Post by bushhog1on Sep 11, 2015 12:04pm

135 Views

Post# 24096433

Why Market cap is wrong way to value a Company.

LTS market cap is $77M ( 197.6 shares &$0.39)

In the last 33 minutes, how many Investors were willing to sell at $0.39.
Only 10 trades
and looking at Stockwatch showed some transactions were just crosses.

Recent Trades - Last 10 of 145

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
11:21:34	T	0.39	-0.025	500	80 National Bank	39 Merrill Lynch
11:18:57	T	0.39	-0.025	400	84 Ind Trading	124 Questrade
11:18:00	T	0.39	-0.025	3,000	80 National Bank	99 Jitney
11:17:42	T	0.39	-0.025	5,500	80 National Bank	7 TD Sec
11:17:42	T	0.39	-0.025	500	7 TD Sec	7 TD Sec
11:17:42	T	0.39	-0.025	4,000	7 TD Sec	7 TD Sec
11:12:10	T	0.395	-0.02	350	7 TD Sec	84 Ind Trading
11:00:45	T	0.39	-0.025	500	7 TD Sec	39 Merrill Lynch
10:50:07	T	0.39	-0.025	20,500	7 TD Sec	90 Barclays
10:48:20	T	0.39	-0.025	400	84 Ind Trading	79 CIBC