It seems to be priced at about 4 to 5 times sales - similar to others in the sector (COE is at about 2 times next years and PSA is between 2 and 3), but I guess if they ever got their act together and reduced expences and had a good result from the US wells it would be priced a little higher.
Maybe good for a few cents on good news from the US wells, but I like PSA better (the company not the BOD) and COE seems like a steal.
AYO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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