RE:RE:RE:RE:crs vs exxMorganBelaford wrote:
the share price doesn't represent at all the value that the well might bring, so saying that CRS' marketcap x 60% represents the value of the well is just wrong. It's way higher than that; lookup discounted cashflows, I can explain it to you if you'd like. When you do that, you'll see that 15% of that is easily worth an additionnal 0.075$ to EXX's share price my friend! And you'll be even happier with your long position on CRS.
Very well. But know that I was not putting any valuation on EXX or CRS. But simply contining with your assumption of a double on EXX, which then would represent a fixed valution.
And also for the purpose of showing that CRS should be the best short term [and longer term] performer.......by way of an fundamental exercise.