costs to decline in columbiaany reason for takeover visions or just a feeling.. we are getting cheap no matter how you slice it..
With the rise of the USD costs should be declining even more for PTA in the coming quarters..
Petroamerica has 2 direct similarities with 3 past hydrocarbon deals in Columbia
outlined in a report on 50 buyout candidates in 2015.
The review goes in depth on what it takes for a junior oil stock like PTA to be valued at 10-20 times earnings / potential rev and get bought out.
The companies and how to value them properly begin on page 45 of this report.
Anyone who is unsure of management and wants to up their IQ on takeovers in this sector should read this.
https://smallcapbuyouts.pinnacledigest.com/