Absolute bull**** offer19 Nov 2019 21:40
Relative to NAV. Between the estimated value of the CPO-5, Platanillo, OBA, Oxy carry, and cash, the net asset value of Amerisur roughly comes to the neighborhood of US$670 million. By paying US$315 million, GeoPark gains the control of assets that are worth US$670 million, with an implied discount of over 50%. In other words, the acquisition helps add approximately US$5.9 per share of additional intrinsic value to GeoPark stock.