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What does multiples of share value represent - Printable Version +- ShareholdersUnite Forums (http://shareholdersunite.com/mybb) +-- Forum: Companies (http://shareholdersunite.com/mybb/forumdisplay.php?fid=1) +--- Forum: InterOil Forum (http://shareholdersunite.com/mybb/forumdisplay.php?fid=4) +--- Thread: What does multiples of share value represent (/showthread.php?tid=2818) |
What does multiples of share value represent - kkozkkoz - 02-18-2013 I know in the past the quote was made the top bids were multiples of the share value. I also know this statement was in the presentation given at the AGM back on 6/15/2012. So I went back to the closing on that date and found the share price was 60.86. So quoting from the presentation: "Upper range is multiple times higher than the current valuation" And since this time we have a stable government and another well drilled to confirm the resource, what is the size of the multiplier. I would hope it is at least 3, and this is just for E/A. Bill
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