RE:RE:RE:ATH"$5.00 per share is not that far off in your buyout scenario."
From my perspective.....$5.....if we're talkin Canadian bucks........is VERY far out there. But will admit that's it's NOT totally out of the realm of the impossible. I've seen crazier S than that in my 30+ years in these markets.
"MEG has a market cap of $6.78B + $1.31B in Net Debt for EV of $8.09B."
As stated previously, MEG's EV is $8,5B not $8.
"Now if price of Oil moves higher (after this U.S. debt rating downgrade fear calms down), ATH could go even higher than $5.00 per share."
VERY doubtful on BOTH counts.....and see previous comments as to WHY. In an extreme situation, you can probably get your $5 bucks if you're ready to accept a radioactive sunburn or be cast in the next installement of MAd MaX.............or both....
GLTA