AZZ
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0.00% $7.50 antares energy limited

sale, page-24

  1. scottpev
    612 Posts.
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    07/02/14
    21:53
    Post #: 12907992
    Peter Strachan still values AZZ at $1.30/share before horizontal drilling. He believes they made the correct decision in withdrawing from the deal. Neighbours in the area are getting 3600 bpd as an initial production.With what they know about Northern Star they now believe it would be crazy to sell for $300 million. Total stretched value is $2.40/share factoring in NS, ST and big star based on Aurora offer
    AZZ Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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