gdaf, i am justing viewing it from the perspective of an AWE shareholder, and comparing with recent transactions, which are all calculated on acreage.
Based on this it seems some ADI holders are basically are anticipating AWE to set some kind of new record price for Eagleford acreage.
I of course understand the 'real' future value of these companies is potentially much higher a few years down the track, but acreage is how the deals is done right now.
ADI Price at posting:
41.0¢ Sentiment: None Disclosure: Not Held