NYSEAM:ANV - Post by User
Comment by
claimstakeron Apr 09, 1999 4:36pm
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Post# 820295
RE: Reliable Source - News Release
RE: Reliable Source - News Release"So folks, with $.06 cash flow per share, exluding all other assets, what should ANV trade at?"
Well ... if it's true that "the market is never wrong", ANV should be trading right where it is at. For estimating oil and gas share prices (is ANV a gas producer ?) I usually use a range of 4 to 8 times cash flow.