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Equal Energy Ltd. Message Board

  • logantrader1960 logantrader1960 Mar 14, 2013 10:06 PM Flag

    Alistair Toward Financial

    Missed this one last month.

    Alistair Toward, PI Financial (2/8/13) "A new valuation comp for Equal Energy Ltd. (New Source Energy Partners L.P.) priced its IPO,. . .featuring a much higher valuation, this comparison should prove highly accretive to the company's valuation. . .if we value the company at the New Source valuation we would arrive at a valuation of ~$9/share. . .we have long considered the company to be undervalued. . .we are adjusting our target in response and we reiterate our Buy rating."

 

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