"Cheap"? They are broke, and they are in debt. No money to drill their prospects. GSPE are "cheap" 28musd market cap, with 25% of possible 418mboe prospect, and 90% of possible 200mboe, and many other prospects. In addition they have a partner and shareholder with cash= a chance to continue drilling operations.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.