GREY:SDRYF - Post by User
Comment by
ABOilon Jan 31, 2017 3:49pm
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Post# 25779513
RE:RE:RE:RE:Acquisition and Financing - FYI
RE:RE:RE:RE:Acquisition and Financing - FYIInteresting comment from GMPFirstEnergy - essentially more cash than market cap by the end of 2018.
Our target price of £0.65/sh is c. 70% above the current share price and our Core NAV of £0.54/sh is more than c. 40% above it. We have an unrisked NAV of £1.04/sh. The company trades at an EV/DACF multiple of 0.6x in 2017 which turns negative in 2018.