GREY:NOVUF - Post by User
Comment by
luckythoron Jan 23, 2013 11:39pm
204 Views
Post# 20881543
RE: RE: Shares
RE: RE: Shares Kik, in answer to your comparasion with Long Run using $95000 x1800 = 171M which means 100/other 100 x $90000 = 9M for your selling price of 180M. The latter number looks totally incorrect, so I would suspect that they received a minimum of 97,500 per flowing barrel and 45000 other to get the total. If we use the latter numbers, NVS should expect to receive 3300 x 97500 = 321.75M plus 900 x 45000 = 40.5M possible selling price 362.5M +17.5 option cash divided by o/s shares 212M = $1.79/share. I believe that we should extra value considering our potential oil reserves, land availability, tax shelter savings less reasonable debt. This is a remedial exercise , but it does show that NVS is undervalued. The question/problem is getting "someone" to step up to the plate.