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1.09% 91.0¢ ebr systems inc.

ebr overpriced, page-2

  1. ian_whitchurch
    2,834 Posts.
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    31/08/04
    14:18
    Post #: 564595
    Gregy,

    If you think the non-Moby 1 assets of EBR are worth 6 cents, then if you like MOby-1 enough their 25% carry on Moby-1 could be seen to be worth 4 cents per EBR share.

    The difference between now and before MOG floated was that before that, it wasnt certain that Moby-1 would ever actually happen. Oil and gas taregts can and do sit there for years before they get drilled.

    Ian Whitchurch
    EBR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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