BAKKEN13 As a long time shareholder of this company, I know that these assets are worth 6bucks when you factor in carbon tax selling. We have 20year asstes so we shouldnt be selling our company but management needs to drive the stock price higher. I am not part of management but thats what I would advise.
So the base case is 3.50-3.75 for the stock based on what the market / industry will pay for such assets. I personally will reject any offer that comes in less then 4 - 4.50/ share.
I guess the big question is how are they valuing OUR company? Management needs to update shareholders.
ReduceCo2