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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


PINL:FRTX - Post by User

Comment by plantraderon Dec 13, 2019 3:41pm
195 Views
Post# 30453368

RE:RE:RE:Any predictions on share price?

RE:RE:RE:Any predictions on share price?Kelt has a similar OS, around 30K boe/d production and twice the debt as compared to PIPE, is that about right?  I see a year ago Kelt had a PPS of around $6 and a market cap that must've been around $1.6B because of it. Very rough numbers. So, if PIPE accomplishes 30K boe/d production and has less debt but a similar OS, and the energy market recovers back to previous sentiment (whatever all the factors are) then it might follow that Kelt could get back to $6-7/share and PIPE could out-pace that (due to less debt). Barring management mis-steps or other factors such as global markets meltdown, etc.

How's that for some crazy extrapolation? haha
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