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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by auburn2on Jan 20, 2018 4:17pm
62 Views
Post# 27401666

RE:Still priced too high

RE:Still priced too highActually, 127 million. The +27 is significant for numbers these small. Interesting too is that they have no taxes to pay (large tax pools). I'd halve the NPV figures there to get a reasonable NPV of $64 million, and then I'd want to see the EV trade comfortably under that. In any event, the stock at these levels doesn't interest me and I have no position.
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