12-07-2013, 07:12 AM
The IPI gets one third of the 4.2 billion or 1.4 billion.
That leaves IOC with 2.8 billion plus 30% of A/E which should be 3 billion MCFs at 1.29 or 3.87 billion
2.8 billion plus 3.87 billion is 6.6 billion. 6.6 billion divided by 50 million shares is 132 dollars per share.
Just a swag on what A/E is worth given today's proposed prices.
That leaves IOC with 2.8 billion plus 30% of A/E which should be 3 billion MCFs at 1.29 or 3.87 billion
2.8 billion plus 3.87 billion is 6.6 billion. 6.6 billion divided by 50 million shares is 132 dollars per share.
Just a swag on what A/E is worth given today's proposed prices.