Inplay Aquisition
Re: Inplay Aquisition
I am updating the forecast/valuation model for InPlay this morning and will post it to the EPG home page by noon.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Inplay Aquisition
The Prairie Storm Resources is expected to close by the end of November. It is very accretive to all per share metrics. Therefore, my valuation of IPOOF increases by $0.40US to $2.90US.
Prior to the deal being announced, First Call's price target was $2.42Cdn which equals approximately $1.94US per share.
IPOOF is $0.07 this morning to $1.48US per share.
I have updated my forecast/valuation model for InPlay and posted it to the EPG website. Keep in mind that my model is in Canadian dollars.
Prior to the deal being announced, First Call's price target was $2.42Cdn which equals approximately $1.94US per share.
IPOOF is $0.07 this morning to $1.48US per share.
I have updated my forecast/valuation model for InPlay and posted it to the EPG website. Keep in mind that my model is in Canadian dollars.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
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Re: Inplay Aquisition
Awesome ! Nice to see liquidity increasing on this little one too. thanks Dan