A tasty acquisition deal
This is projecting out to around a 70%+ IRR
Do they already have the cash for the DCU, or will it depend on the future price of oil?
The DCU depends on revenue and oil price. Some arguement can be made that oil price is low but yes payoff depends on future oil price. Board expects the value of DCU to be approx 2+
This is projecting out to around a 70%+ IRR
Do they already have the cash for the DCU, or will it depend on the future price of oil?
The DCU depends on revenue and oil price. Some arguement can be made that oil price is low but yes payoff depends on future oil price. Board expects the value of DCU to be approx 2+