Post by
tylerreddick on Nov 06, 2023 4:35pm
CPG just bought Hammerhead
And they got about $51,000/boed.
PIPE shareholders got $18,000/boed
Comment by
filefish on Nov 06, 2023 5:44pm
This case just shows you how undervalued SCR is. 185mboe x $51 = $9,435mil div by 214mil shares = $44/share under those metrics vs todays closing $25.75
Comment by
tylerreddick on Nov 06, 2023 9:53pm
The truth is, it just shows how much the market dislikes Watrous.