OTCPK:ARNBF - Post by User
Comment by
wordlesson Aug 30, 2012 5:21pm
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Post# 20281757
RE: RE: HIGH DEBT
RE: RE: HIGH DEBT He is looking at enterprise value to flowing boe... However, you can't always look at that in every transaction.
On a 2P basis, Arcan is cheap.
Even on a EV/BEO/P its still not expensive compared to recent transactions.
It has infrastruture in palce that adds value.
However - Debt to cashflow is 5x which is high.