GREY:MCESF - Post by User
Post by
undervalueon Mar 05, 2022 4:22pm
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Post# 34487220
Materials filed.
Materials filed.A lot of lawyer language. Head to the accountant value estimates.
Est for revenue this year is over 600 million.
THATS RIGHT, REVENUE IS .6 OF A BILLION. Ebita well over 2 bucks a share.
Dropping off with zero meaningfull guidance given for the years going forward.
Fair value est by the hired help as much as $4.65
There is zero color on why the future is so bleak.
With oil over 110 and Canadian gas at 5 bucks, I think this is disingenuous.
I would like to se the pitch book Management made to HSBC, I doubt it is as pessimistic.
Cmon Gate City, rattle this cage.
This bid is completely opportunistic.