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$ B.M.F.$

09/03/15 8:41 AM

#234 RE: Apophis #232

Interesting point, look like we may see .20+ today
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ash111

09/03/15 9:02 AM

#236 RE: Apophis #232

There is no doubt about the merger value but even without a merger,the company's fair value is at least $33.3m(Net assets+ cash). proved reserves- net cash flows $ 90,112(in millions) per (“NSAI”) reserve estimates.

Warren’s market cap is $50m and they have only $4m more in cash than ECSR/

ESCR 's cap is only $2m

biggest Institutional Holders is Renaissance Technologies, LLC.increased position here recently.

i think the market realized that there is no reason for this being traded at that joke MV.