Advantage Energy Ltd T.AAV

3$

[Trooper01]

Right here. Right now.

[Wildcattter]

This post has been removed in accordance with Community Policy

[Golddetector]

Comparing bir kel bir arx, this should be above 2.5 as is. It did a bit  of catch up but still off by about 30 to 40 cents.  You can compare PT of different analysts and see. Now considering the latest nr and cost reductions realized. I think this will worth more right now. I think the market just started the adjustment. So above 3 might be more realistic. Imo

[Wildcattter]

This post has been removed in accordance with Community Policy

[Golddetector]

Your analysis is correct. I'm giving the price relative to bir arx pey kel. All these worth more than what they are traded it. They all went up but less than aav. So considering their sp now I will replace my aav share at 2.5 to 3 with bir at 2.1. However that does not mean aav worth 3 or bir worth 2.1. It is just relative. Jmo

[Cheadle12]

Nah, he's wrong.. Here's why. You can buy 12.5% of an asset for a certain price, you pay more for less.  But if you want the whole enchilado, the total price goes down.  Glacier is probably worth about $400-$500M in this market.  12.5% is worth $100M.  It's not a straight line valuation where 12.5%*8= $800M, probably why WildCattter works out in the field and