Overnight PSA's jv partner in MP 19 sold all of its material US oil and gas
interests.
The new owner is paying US$67.5 million for approximately 1,300 BOEPD v
PSA's enterprise value (ev) which is of the order of A$200 million for
approximately 9,000 BOEPD ... on a pro rata basis PSA's ev should be A$467+
million in which case the market value should be A$400 million versus the
current market capitalization of only A$147 million i.e. 2.7 times the
current share price of only 95.5 cents
- Forums
- ASX - By Stock
- PSA
- mp 19
mp 19
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online