"As an example, look at AZZ, they are in negotiations to sell 24k acres in Eagle Ford, which goes for around $10k an acre = $240million. Their market cap is $140m. Why is this? The answer is because the market does not think the management can manage that cash."
No IMO the land that AZZ has is marginal along with their wells.
"As an example, look at AZZ, they are in negotiations to sell...
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