RE:RE:Price History of ATHYou forget they got Leismer asset for a fraction of its cost .
35k production at 60k per flowing barrel ,gets u 2.1 bill value .
Put in a 40%premium for Tax losses , reserves , approval at Corner,Hangingstone and Leismer to increase prodn by another40k . Potential synergies for other acquirers . So approx 3.2 billion cost.
Divide this by 600mill oustand shares approx gets u ..3.2bill/600mill = approx 5$ per share .
So 5$ is a fair value and if they start buybacks to reduce share count or a take bidding war then we may see more .
Maxmoe wrote: Oh lord, not this again. You forgot shares outstanding and/or enterprise value. However, if Ath were to buy back enough stock, all else equal, in theory, just sayin, it could happen. Last time you posted this exact message the stock was peaking a little over $3. So $3 here we go?
Weldon wrote: ATH | Price History |
Thursday, March 01, 2018 | $ 1.75 |
Friday, August 01, 2014 | $ 7.92 |
Saturday, September 01, 2012 | $ 13.18 |
Friday, July 01, 2011 | $ 15.50 |
Sunday, May 01, 2011 | $ 17.75 |