RE:RE:RE:RE:RE:RE:RE:Thud!
On the topic of CVE, they have debt of over 10 billion, billion shares, P/E ratio of almost 90,thats right, 90 x earnings and Whitecap trades at an unfair, undervalued multiple of 3.7 x earnings, why? Who controls this? Suncor trades at 16.5 x earnings. This is the big question for Whitecaps management, who sets this price?