[start quote]
but lets not adhere to a believe that the sp currently deserves to be 100% greater than what Canadians investors are prepared to pay for the same oil, the current 30% premium is sobering enough for some of us.
EL
[end quote]
Your right EL these crazy CVN shareholders are paying a 30% premium on Fridays close at 0.71c. It is indeed a sobering thought that shareholders are paying 0.71c instead of the 0.50c real Canadian value.
What still however totally baffles me is how dumb ass Hartleys can value CVN at $1.15 and yet totally miss what Canadians are doing. I wonder why Hartleys messed up so badly on the calcs? It must be far easier and obviously far more accurate if they just use the relative POE share price and average it to the 660m securities that CVN has in play.
Ive always thought Hartleys should get fundamental accurate SP advice from HC posters. Thank god for the reality of HC.
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11 | 465438 | 0.190 |
15 | 2746117 | 0.185 |
5 | 800000 | 0.180 |
5 | 327022 | 0.175 |
Price($) | Vol. | No. |
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0.210 | 707024 | 14 |
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