SXY Fair Value

May as well entertain ourselves while SP makes its move up.

Curious to know what folks think fair value is given everything we know now and / the minimum price they would tender shares in a takeover. Let's try and be a little realistic

- I think this should head to $0.45 - $0.50 based on what we know and assuming oil stays around $45

- If an offer was lobbed now, I'd consider anything above $0.70 based on what I know now (Market cap of $1 billion). Of course, I expect that to be higher 12 months from now as the path forward becomes clearer.