Hyperdynamics Corp (HDYNQ)

[whitenoize]

This has been tried elsewhere. I hesitate to post this 'cause it involves a lot of WAG and omits a LOT of other information and intangibles. But here is a straight valuation model based on the following assumptions: Current shares out based on my own estimate; Current asset valuation based on market cap less last reported cash; private placement of $50 mil @ 4.00 or JV of 10% for $120 million. Dollars are in Millions except Theoretical share price. You could put this back in excel, plug in the formulaes and use whatever numbers you want.
Just something to talk about while we wait for news.


(Est val of asset x Ownership) + Cash etc = Market cap / Shares out = Theor sh price

Current Scenario
879 x 0.77 + 35 = 711.83 / 126 = 5.649444444

50M private placement scenario
879 x 0.77 + 85 = 761.83 / 138.5 = 5.500577617

10% JV Scenario
879 x 0.67 + 155 = 743.93 / 126 = 5.904206349

Future Scenario
2500 x 0.77 + -50 = 1930 / 126 = 14.8809523

50M private placement scenario
2500 x 0.77 + 5 = 1930 / 138.5 = 13.93501805

10% JV Scenario
2500 x 0.67 + 72 = 1747 / 126 = 13.86507937

Future Scenario better
5000 x 0.77 + -50 = 3855 / 126 = 30.15873016

50M private placement scenario
5000 x 0.77 + 5 = 3855 / 138.5 = 27.83393502

10% JV Scenario
5000 x 0.67 + 72 = 3422 / 126 = 27.15873016