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tmcal6

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tmcal6

Re: None

Friday, 10/28/2005 2:07:03 PM

Friday, October 28, 2005 2:07:03 PM

Post# of 173728
CHAR

Lukoil paid 27.5% above the 6-month average trading price for Nelson. The average trading price for CHAR for the past 6 months is about 3.9. A 27.5% premium would be approx. $5/share. Any price based upon proven reserves would be even higher. Seems like the firesale may be overdone.

Tmcal
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