Sandridge Permian Trust (fka PERS)

[deanna-hopkins]

Any guess on the valuation of PED & PER and what our reverse merger ratio post valuation will looK like? I think PER will sell for $2.50 per share and we will see a 1:1 conversion to PED so as to avoid the delisting of PER a fully dissolved asset prior to PER’s September 5, 2020 SEC deadline to be trading over $1.00 per share. Worst case scenario is we get the closing prices and PER 5:1 PED “five for one” {roughly $0.50/$2.50} . What do y’all think?