OTCPK:AVEFF - Post by User
Comment by
zadmanon Aug 22, 2017 4:48pm
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Post# 26609628
RE:RE:RE:RE:How low can she go?
RE:RE:RE:RE:How low can she go?You raise an interesting proposition Riskreward123. Aveda generates $20MM of EBITDA and provides an acquirer instant access to all the premier basins in the USD with an established Rolodex of customers. At the current stock level, an offer at a 100% premium (assuming Aveda debt on top) would cost only $40MM. Seems like a genius move for someone like Mullen Transport or another peer who may also be able to suck out additional synergies. Yah investors hate oil services but its truly amazing where they have pushed some of the valuations. If we were POT company, the market would think we are worth more than a billion..... zad