RE:RE:RE:RE:Insider Stock Buying Reaches CA$5.4m On Baytex Energy1234bmth wrote: I didn't value BTE, it is the management evaluation of the BTE at $70 WTI, I didn't add any wrong number on my own. Further more we cannot compare AAPL to oil companies in the same way. My argument was based on someone's post that mentioned BTE is making serious FCF at $70 WTI, let's be honest $580M FCF annually with roughly 850M shares outstanding and $2.5B+ debt is a serious FCF? Of course if oil averages higher, things will change, but at $70 WTI this the reality whether we accept it or not.
You conjured up a scenario and stated it as fact ........... meaning you took some Baytex information stretched it out in a fantastical way and came up with a $5.00 cash distribution to investors upon roll up in 10 years.
Kind of weird way of drawing a downside narrative but positive nontheless, lol.