RE:RE:RE:Price paid makes obvious how undervalued Spartans 50k boe/d>>I guess I’m glad they ignored me.
I was going to say $8/sh but you did the 3 minutes of math required and got $9.
I think PIPE gets them there, too, and could be in play for equity next fall.
This transaction turned them into a recognizable E&P form and they're still damn attractive.