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Post# of 428856
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jeerio

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jeerio

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Thursday, 05/12/2016 8:12:30 AM

Thursday, May 12, 2016 8:12:30 AM

Post# of 428856
just for fun, i took the Jefferies view and with many assumptions involved, have estimated a BO target. with R-IT success, there will be a BO, imo. and if the co stays independent with R-IT success, the ultimate target will be higher than what i'm proposing here.

on a very crude, rudimentary, seat of pants basis, i'm thinking $8B BO (whenever, not distinguishing interim stop vs completion) and a 220m share divisor, yielding a $36.36 price.

a lot of things need to go our way to get there, but if they do, many will make a nice return. GL to all.
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