GREY:LSTMF - Post by User
Post by
chantal2468on May 21, 2015 2:19am
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Post# 23748068
kyle preston is wrong...if Bakken is worth $1B then...
kyle preston is wrong...if Bakken is worth $1B then...
CPG is worth $11B by extension of that that logic....but CPG is valued at $17B ...therefore kyle preston is wrong...or stated another way, the implied prorated value may be $1B for Bakken assets given what investors value whole company....BUT...the standalone value of LTS Bakken to a rational purchaser is closer to $1.5B...It is simply discounted by being stuck in a debt ladened corporate structure with questionable mgmt...that is my explanation if anyone cares