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06/30/17 6:00 PM

#446 RE: gulf shores man #445

Lex Acker tends to agree with VNRSQ second scenario!!!

If Judge Isgur recognizes that the reorganization value of Vanguard is too low, common unit holders are likely to be in-the-money.

Based on comparable asset transactions, a total point estimate of the asset base is $11.5B.



https://seekingalpha.com/article/4085115-vanguard-natural-resources-reorgs-valuation-methodology-leaves-potentially-high-upside