SEA sundance energy australia limited
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$2.04 price target, page-5

  1. jtrain
    181 Posts.
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    11/02/13
    17:56
    Post #: 11406446
    yes though the $2.04 valuation appears to be a little stretched - they assume 277m shares on issues yet incorporate the Eagle Ford assets into their model...can't have it both ways! suggest 400m shares if deal closes = $1.41/sh valuation. Either way it is higher than current SP. just clumsy research.
    SEA Price at posting: $1.06 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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