Post by
robert41 on Aug 12, 2024 9:12am
Crews buyout
Happy to be bought out this am could TVE be a target for a big fish
Comment by
MLEWICKIMBA on Aug 12, 2024 9:38am
That should send TVE to $4.50 based on my quick look of that deal. What do you think?
Comment by
robert41 on Aug 12, 2024 9:41am
Yah I'm not sure how to measure that. Crew had low debt low shares gas weighted with massive reserves. So apples and oranges really...
Comment by
robert41 on Aug 12, 2024 9:48am
The number on paper looks big but not given what crews assets are Mike rose knows this that's why he made the move.
Comment by
wannabebuffet on Aug 12, 2024 11:15am
Every time I have gotten bought out I feel ripped off because I know the value of the company is much higher than the buyout price. Would be like TVE being bought out at 6.00 when I believe it will be at least 12.00 in a couple of years. 6.00 is just too low. Having said that owning TOU would be a good thing for me and be okay.
Comment by
willyk3 on Aug 12, 2024 11:21am
Absolutely agree . I felt the same way when IMG bought out vanstar at a low price but the offer was all in IMG paper at what I thought was a low valuation for both companies. Fast forward to today and it has been a great ride