Q: Can you please comment on the Velvet Energy offer to acquire Iron Bridge Resources (formerly RMP Energy). Thank you.
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Investment Q&A
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Q: Iron Bridge is currently trading well below book value. If the price of oil actually stays above $60.00 and Canadian oil stocks start to recover as a whole do you see iron bridge increasing with them and because it is trading so far below book value is it a possible takeover target. Thanks
Peter
Peter