Even if they achieve $5M EBIT for 2015, the current EV of $24M I feel is justified. It comes down to where you think the share price is heading, down to 20c or up to 40c+. There must be a value for these rigs and equipment. I mean they paid $20M for Hofco only 18 months ago!!
Even if they achieve $5M EBIT for 2015, the current EV of $24M I...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
