AOE PES

re: Ann: PES: BG Group's all-cash Offer f... Mr Devine,Note also...

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  1. sloeb
    669 Posts.
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    17/02/09
    10:11
    Post #: 4803364
    re: Ann: PES: BG Group's all-cash Offer f... Mr Devine,

    Note also the comment about how using 2P or 3P valuation metrics, the Pure assets are still competitively priced. By competitively priced he off course means cheap as PES is only trading ($8 offer by BG) at 0.41cents PJ for 3P compare that to the 0.74cents QGC paid for SHG

    s.loeb
    AOE Price at posting: $2.84 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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