Still doesnt make sense we have 78, 787, 1000078 trades today with these numbers appearing on other days too. He wouldn't be buying 78 shares if he can afford to buy over 1 million in one hit. Something is up.....
Simple Calculation for anyone who is still is questioning the potential we have here: EBITDA - $250 million (full production - Alexei's quote) Industry Average Mulitple = 8.0 (conservative) Valuation = $250 x 8.0 = $2 billion x 0.77 (conversion $ to £) = £1.54 billion x 0.8 (EUA's share) = £1.232 billion MCAP = £96 million = 3.575p Share Price = 3.575 x (1232/96) = 45.8p Dividend could be mouth-watering and the rest for WK. Alternatively worst case the whole lot could be sold. Either way looking very positive. I personally would prefer a divi payment of say 20-30p and get to keep my shares for future divi payments/another crack at selling another potentially huge asset in the future (WK or Vol). These are my thoughts so please DYOR.
Simple Calculation for anyone who still is questioning the potential we have here: EBITDA - $250 million (full production - Alexei's quote) Industry Average Mulitple = 8.0 (conservative) Valuation = $250 x 8.0 = $2 billion x 0.77 (conversion $ to £) = £1.54 billion x 0.8 (EUA's share) = £1.232 billion MCAP = £96 million = 3.575p Share Price = 3.575 x (1232/96) = 45.8p Dividend could be mouth-watering and the rest for WK. Alternatively worst case the whole lot could be sold. Either way looking very positive. I personally would prefer a divi payment of say 20-30p and get to keep my shares for future divi payments/another crack of selling another potentially huge asset in the future (WK or Vol). These are my thoughts so please DYOR.
Last question with respect to the funding coming in from partners, how much do we need to stump up and any ideas if the BOD have already indicated how this will be achieved?
This share caught my attention this weekend and while doing my research I just wanted to ask where is the info on the $1.6 billion investment in ORCP and also when this is due? Looking to buy in first thing Monday morning.