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Re: Dogger05 post# 436

Thursday, 12/08/2016 3:06:40 PM

Thursday, December 08, 2016 3:06:40 PM

Post# of 588
You're saying they are the 2nd largest LP, but not by market cap. They only had a market cap of around $275MM prior to the deal, while other LP's with less production and clients had a much higher market cap.

I'm saying that if the vote were today, and it was voted no, the market cap would be less than the market cap ratio to APH, CGC, ACB etc before the deal announcement. So yes, in the range of $225MM market cap today.

If the entire sector goes up 20% by the time its voted on, then I'd expect MT's market cap to be higher than $225MM, but remain in proportion to other comparable LPs.
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