OTCPK:ARNBF - Post by User
Post by
righand2on Dec 20, 2014 9:14am
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Post# 23252284
Valuation
Valuation
With the lower oil prices, and 1.3 billion shares outstanding, cash flow per share will be under 2 cents. Considering the high debt levels, the share price could be as low as a 2X multiple. So 4 cents/share might be what this thing is worth. Yikes!