just use some basic valn methods
lo0k at ev/ebidax
lets say sea mngmnt stuff up like usual and lets say 200ebitda and give a decent multiple of around 7 (energy coming back in favour - nice inflows, oil price support etc etc) thus 1.4bn (they will spend avail cash dwn - its the sea way) so you have 1.4 less the net debt (as working bward) thus mrkt cap of around 1.2bn
So lets give a range for mrkt cap between 1bn and 1.4 bn$ - divide by #shares ie 6bn and thers your answer
anywhere between say 16c and 23c - thats of course when we get to 200+ ebitda and of course the market may belive or not believe in success and I think we will be a bit more then 6bn shares so best gustimate
between 13 and 20 depending on ebitdax and multiple used. So yeah 2 to 3x or maybe 4x (if really lucky) todays sp - not going to happen o/n
may pop quickly up to 10c tho
just use some basic valn methods lo0k at ev/ebidax lets say sea...
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