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GMP Capital Inc. Cumulative Floating Rate Preferre T.GMP.PR.C



TSX:GMP.PR.C - Post by User

Post by harrywooon Jun 01, 2017 6:28pm
262 Views
Post# 26313916

Trading well below cash value

Trading well below cash valueIf this website's calculations are correct, GMP is trading way below cash value.

https://www.stockcalc.com/TopPicks.aspx

It also has more cash value per share than Canaccord, and Canaccord is 32% higher in stock price.

Looks like GMP was a significant part of a $170mm financing for Cardinal Energy today.  That will be a good cash generator.

Any comments out there?
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