RE: RE: Potential Share PriceHere's an analysis of share price potential.
Formula to estimate NAV for VST:
Oil in groung estimate X Recovery Factor X 37% = VST's share of Recovered oil
But how much is that worth? Well, according to Scotia Capital analysist Gavin Wylie , 148MM barrels of recovered oil is worth $15.96 a share to NIKO. That is his analysis from September 2009 on Niko. Since Niko has 50 Million shares, that means that 148MM Barrels is worth $798,000,000.00. (50,000,000 X $15.96= $798,000,000.00)
That actually comes out to $5.39 per barrel. ($798,000,000 / 148,000,000 = $5.39)
Anyways,lets dothe math for now much 148MM Barrels is worth to VST. It's very simple,just divide 798,000,000 by 270,000,000 ... and you get $2.95 per share for every 148MM barrels of recovered oil.
To make things simple,lets just calculate how much per share we are worth per 100MM barrels -100/148 x 2.95 = $1.99 per share for VST per 100MM barrels of oil.
the full article is linked below:
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=VST&t=LIST&m=28280972&l=0&pd=0&r=0