GXE numbers...If I read well GXE financials, at $0.54 a share it trades for expected 2024 numbers at:
- P/e of 5.5
- Net FCF of $27m or P/Net FCF of 5.3.
- Enterprise value / EBITDA: ($15.4m debt + $142.6m Market Cap.) / 70m = 2.3 !!!!
Unfortunately, like with Peyto, Don Gray would do everything in his power to discourage any buyback by the company.
Risk / reward looks good at these levels. I have added some lately.