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2.35% $3.05 apn industria reit

Current Eagleford transactions are USD $10K per acre. Hilcorp...

  1. augusta321
    370 Posts.
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    18/06/10
    08:46
    Post #: 6814274
    Current Eagleford transactions are USD $10K per acre.

    Hilcorp reaffirms these valuation by selling a 40% interest for $10K per acre.

    How could AWE ever justify to its shareholders spending 2-3x the market value @ 61 cents?

    Sorry I just don't get it. Surely I am not the only one?
    ADI Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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