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0.00% 35.5¢ warrego energy limited

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  1. lilypily
    915 Posts.
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    10/02/14
    12:01
    Post #: 12913880
    came across this from a commsec report this morning regarding AUT's recent takeover bid.

    Re: AUT
    " Transaction at a premium to recent deals. The acquisition price implies an EV of USD2.4b for AUT, which implies an EV/Acre multiple of USD106k/acre for the company’s 22,200 net acres across the Eagle Ford (ignoring the recent Eaglebine acreage)"

    PRL has 3.5 million acres in Uruguay to play with...

    PRL Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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