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Bullboard - Stock Discussion Forum Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."

GREY:LSTMF - Post Discussion

Lightstream Resources Ltd. > Value of share if deal ratified
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Post by wizthewiz on Jul 26, 2016 12:53am

Value of share if deal ratified

If the current deal is ratified AS IS,  has anyone determined the value of a share at that time?
Comment by BluSky23 on Jul 26, 2016 8:09am
Between 18 -22 cents, from my math. Maybe a touch higher due to low debt and low interest payments, depending on oil price.
Comment by BluSky23 on Jul 26, 2016 8:30am
...and the lower oil goes, the more likely this deal will be ratified. IMO.
Comment by wizthewiz on Jul 28, 2016 1:40pm
How did you make your calculation?
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