GREY:LSTMF - Post by User
Comment by
emmitton Jun 25, 2016 5:54am
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Post# 24997979
RE:RE:RE:BREXIT! Flight of European investors to Canadian oil!
RE:RE:RE:BREXIT! Flight of European investors to Canadian oil!The key statement in your post is " if I was an investor". It's clear that you are not. Book value is not the metric you want to be using to evaluate an oil and gas company.
Brexit does change a lot of things, there are reasons while oil dropped almost 5%
yesterday. There will be other countries leaving th EU. Look at the decline in foreign bank stocks, that will certainly effect the ability for companies to access capital for takeovers, expansion etc.
survivor2015 I've read some of your previous post and I highly rexommend GIC's while you gain some knowledge on investing and evaluating companies.
Good luck