GREY:NOVUF - Post by User
Post by
Marlbankon Apr 29, 2013 5:50pm
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Post# 21326926
Whitcecap Dodsland acquisition
Whitcecap Dodsland acquisition WCP has picked up a Dodsland asset with roughly one-quarter the production and P+P reserves of NVS for $110m.
If anything, this leaves me more puzzled than ever about the valuation of NVS. It ought to be a double from here but the market is saying not a chance. As ever, scratching my head.