RE:RE:RE:RE:RE:RE:RE:RE:RE:Arx was Paid to take VII Generations Combined ARC/VII will have what.. $2.7Bn in debt? over 340,000 BOE. POU has $750MM in debt over 75,000 ish BOE. That means $8K debt per BOE for ARC and $10K debt / BOE for POU.
Share count doesn't matter. Only market cap matters.
Not sure about the plays - as I said I defer on this one.
I don't profess to know the future, but two plays of a similar nature with 'more or less` similar leverage profiles should not be trading at such a drastically different value per BOE so one will move relative to the other.
DIdn't realize I don't have short selling enabled on my account but once I do i'll make the pairs trade and post it here for everyone to have a laugh!