Athabasca Oil Corp T.ATH

RE:enterprise value pgf

[NewfNewf]

Well, since you are throwing EV into the mix, of course PGF will have a better ev since they have zero cash and ATH is sitting on over 250 million. So if ATH just gives away all their cash you will then have the EV equality that you are looking for. Simply looking at EV when comparing companys is very flawed so i'm not sure why you even went there.

You may want to at least look at the Enterprise Value/EBITDA ratio for a little better view between the two since the Calculation for EV is simply $\begin{array}{c}{\displaystyle \mathrm{<span\; style="font-size:14px;">M</span>}\mathrm{<span\; style="font-size:14px;">C</span>}<span\; style="font-size:14px;">+</span>\mathrm{<span\; style="font-size:14px;">T</span>}\mathrm{<span\; style="font-size:14px;">o</span>}\mathrm{<span\; style="font-size:14px;">t</span>}\mathrm{<span\; style="font-size:14px;">a</span>}\mathrm{<span\; style="font-size:14px;">l</span>}\text{<span style="font-size:14px;"> </span>}\mathrm{<span\; style="font-size:14px;">D</span>}\mathrm{<span\; style="font-size:14px;">e</span>}\mathrm{<span\; style="font-size:14px;">b</span>}\mathrm{<span\; style="font-size:14px;">t</span>}<span\; style="font-size:14px;">-</span>\mathrm{<span\; style="font-size:14px;">C.<br>\; <br>\; Even\; this\; ratio\; is\; flawed.\; Its\; simply\; a\; different\; view\; as\; you\; have\; to\; look\; at\; many\; things\; but\; its\; better\; than\; just\; looking\; at\; EV\; alone.<br>\; <br>\; Cheers!</span>}}\end{array}$