RE:B Warrants - Manipulation?I was curious, so I looked up the Q3 numbers for Parex.
$982M m/c (current) + $18M debt - $26M cash = EV of $974M.
Assuming 18,000 bpd, this gives a very rough EV/flowing barrel of $54,111.
Almost 2.9 times as high as hockeylad33's PTA EV/flowing barrel number of $18,750.
Does anyone still doubt that PTA would be accretive to PXT in a takeover?