P/E, tax problem, doesn't look goodI'm not long or short. I don't own any streamers. I just noticed the news release tonight and thought I'd look in on WPM. Someone had been telling me recently that they had a P/E multiple in the range of 40x. It looks to me like it is closer to 200x. For a streamer, isn't this an insane multiple? Dot com bubble kind of insane? Hey, I know it won't crash much, if anything, tomorrow, but it still seems abnormal to me.
What is going on with that tax problem? How long does it take the CRA to make up their minds on something like this? The numbers must have been crunched in days or weeks, so what is the hold up on a decision? Is this a court case or something? Seriously, I haven't been following it at all so that is why I'm asking.
As for the pumper post... um no... this doesn't look good. Quite the opposite in appearance, at least to my untrained eyes.