InvestorsHub Logo
Followers 0
Posts 11
Boards Moderated 0
Alias Born 07/29/2017

Re: None

Monday, 07/30/2018 9:00:32 PM

Monday, July 30, 2018 9:00:32 PM

Post# of 675
Hopefully there will be multiple bidders and not just AMR that everyone thinks is interested. We need at least $8k-$8.5k/acre to make preferred worth par and have common be worth something. acreage has gone for up to 17k in the region but we don't know too much about well results. Hopefully we find out more on the call. ARES obviously knows something we don't and wants out. Not sure if this is a good thing or bad thing.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.