Current Implied Value of CVR

[davidhmtk]

CVR now only $2.07 !

Aussie dollar strong, OSH rose 2.5% last night (Wednesday trading)

As of 8:40am EST June 8th

OSH share    AUD     6.98

Exchange rate = .7470

OSH in USD =   $5.21

8.05 OSH shares = $41.97

IOC price = $44.04

Implied value of CVR = $2.07

( so assumes 6.54 TCF Gross )

[cybersssss]

Oil prices are recovering as are natural gas prices. In the US, natural gas has increased by 25% in the last 2 weeks. Many expect this pattern to continue.

IOC is now tied to oil search stock. As prices recover, both stocks go up. We are almost 45 premarket.