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Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Post by maldwynon Sep 24, 2019 2:31pm
288 Views
Post# 30159994

Reaction

ReactionThe market reaction seems neutral to slightly negative. This matches RBC's reaction which downgraded the target SP to 0.15 from .20 (still double the current price FWIW).

Using BXE as an example of what will happen post-consolidation I would expect the SP to resume it's downward trend. This is because the market is valuing the company near zero and won't give it credit for non-zero per share improvements.
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