So the real question here is, are we getting ripped?
On face value, I think absolutely. The Cameron field alone is potentially worth 3-4 times the current valuation by AOE. The results from the wallom coals were absolutely outstanding; great gas contents and flow rates! The offer alone is completely ridiculous. But is this how the industry has been working is it?
I dont think the company is run by twits either. So if all the directors are giving it two thumbs up, then that is good enough for me and I am in.
The offer makes me feel like screaming; but then I can't see the forest for the trees can I. So I will stop screaming and start trading : )
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PES
pepper residential securities trust no. 21
So the real question here is, are we getting ripped?On face...
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