Fair Value of BUYOUT on historical alone....Hello Everyone,
The industry values each flowing barrel of oil at $ 100,000 in case of a buyout. Some estimates go as high as $130,000
In case of LFD they have historical 5,000 barrels of oil, they have 40% share, so a buyout of them would be calculated as follows:
5,000 * 40% * $ 100,000 = $ 200 million
Given that we do have confirmation (historical) of this oil, LFD should be trading at the very least at $ 1 per share.
An investor buying now at 22 cents can expect 500% return!!!!
JMHO