RRS 0.00% 0.1¢ range resources limited

SmartInvestor, based upon your analysis of RMP and the analogy...

  1. 1,771 Posts.
    SmartInvestor, based upon your analysis of RMP and the analogy that it's overpriced relative to it's market cap versus the hypothetical 60 million barrels. Given that RRS has the same percentage of Puntland but 10 times as many shares as you put it, does that mean that RRS is overpriced? Can you please clarify this based upon Puntland only. If RMP is overpriced then what is RRS?...if it's not overpriced then based upon the previous presumption of RMP then RRS won't move at all even if they find oil?

    DYOR
 
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