Post by
Cheadle12 on Oct 10, 2020 10:08pm
Everyone is plugging the NuVista angle
but realistically DEBT FREE Kelt makes more sense in a paper swap.
Because this would LOWER POO's D/CF ratio, add some excellent assets and only dilute the equity pool, which is already in the toilet.
NuVista has tonnes of debt, which would further bog down POO's debt burden.
Comment by
enterusername on Oct 10, 2020 10:15pm
POU can not afford Nuvista. Kelt would love Nuvista's assets. Anyone makingh an ..85 to .95 bid per share would probably get it approved.
Comment by
enterusername on Oct 10, 2020 11:10pm
Yes, the averyage price Paramount paid for Nuvista is well above 1.50 in all . They will probably sell their shares to another buyer. Paramount can't afford anything right now.