Replies to post #1678 on Approach Resources Inc (fka AREXQ)

[m0n]

$192 milly was approved then COVID19 hit and the world shutdown affecting demand which increased supply. Hence, driving the price of oil to $18 when Alpine said no thanks and paid a fee of $22 milly.

Makes ya wonder, price of oil is double off of $18, does that make the buyout at $384 milly??

Over $600 milly in assets w/ $0.00 LIABILITIES!


Eat em up!!!