RE:RE:RE:What is PIPE worth in mid 2022, just over a year from nowI just want to point out that valuing a company based on $/boed is more likely to be the takeout price and not the daily trading price. So not get our hopes up yet.
Using a P/E multiplier (when earnings are positive) could also be used to determine takeout price. At some point between now and 2022 we will have good earnings to report. It will be interesting to compare and contrast the methods.
Huntamun1234 wrote: Thank you Skip, great work ! I mean you would think someone so brash who has ranted that the market is irrational, that banks are morons and that institutional houses are refusing to admit that they've made a mistake would be a tad more meticulous. Is it conceivable that Mensa Man screwed up his math homework ?? Now if only The Great and Powerful Johnny would follow thru on his last sentence and "not find the need to say anything more"