OTCPK:CNPOF - Post by User
Comment by
Stylesson Sep 24, 2018 4:15pm
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Post# 28680501
RE:RE:Patience
RE:RE:PatienceVENMan wrote: oiler14, Great Post! I had a look at XLY and it seems to be trading at about 2 times it's book value, while RIV is trading at about 4.4 times BV as per my DD. I can understand a premium being paid for RIV due to it's Parent Company but perhaps this explains the current stock swing. All IMO! always DYOD!!
RIV has a book value of 3.50-4 bucks. It grows every day as a lot of the BV can be tied to share prices in the market.