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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > Stock price
View:
Post by JPMUSSE on Jun 23, 2015 2:47pm

Stock price

Based on my Analysis, the stock price should be sitting at $ 4.45, this company seems to be really undervalued. The calculation is based on the most recent balance sheet. First off, there will be no takeover anytime soon, secondly if the takeover situation does arises, the offer should be around $6 - $7. The outlook of the company is storng with positive cash flow.
Comment by Ellesse on Jun 23, 2015 4:14pm
I need $6.50 to recover my lost... Might take two more years to see over $7.00 again.....
Comment by TheRock79 on Jun 23, 2015 4:19pm
I agree with you analysis. But this is not a hidden undervalued stock because it didn't get much attention. Rpm and their financials are well known, it has large volumes and still the SP price remains at these levels. I feel like I'm missing something. 
Comment by easindown on Jun 23, 2015 10:02pm
At least one hedge fund (ITG) was dumping shares today, probably rotation. So meaningless volume. Up a cent, down a cent. At some point, likely soon, the lid comes off.
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