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Bullboard - Stock Discussion Forum LYNDEN ENERGY CORP. V.LVL

"Lynden Energy Corp is an oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of oil and natural gas properties. Its projects include Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas."

TSXV:LVL - Post Discussion

LYNDEN ENERGY CORP. > lvl and venture index comparison
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Post by jcw604 on Jul 19, 2015 11:00am

lvl and venture index comparison

I looked at the year to day chart for lvl and the venture index (spcdnx) and it basically magnifies its fluctuation and excluding last friday's drop, it does far better than it. Even with last Friday's drop, it is still a bit better. My leaning is that being out of the composite index allows lvl to perform even better and yet it will become more illiquid and less traded. If the normal bidding course is a real act followed through by lvl to buy its share back, we should see better days ahead. MHO.
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