Granite Oil Corp GXOCF

Energy

Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.

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Granite Oil Corp

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Post by MonstersInc2on Dec 14, 2018 3:01pm

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Post# 29117524

Is one McDonalds hash brown more valuable than one GXO share

I worked into McDonalds this morning. Just ordered one hash brown which costs me $1.09 (before tax).

Checing GXO one share price today, it is around $0.7.
Consider the total shares is around 35 mils which only worth 24.5 million CDN dollars.
24.5 million can only buy 22.45 millions hash browns.
AB province population is 4.286

Result:
The whole value of the company GXO right now in the market can only affort Alberta people 5 hash browns. Not even a good breakfast meal!