I have updated my forecast model for the 1 for 2 reverse stock split. My valuation of the common stock doubles to $23.60.
My valuation = (2016 CFPS + 2017 CFPS)/2 X 4
4X CFPS is a very low multiple for a company with this much running room.
Lonestar Resources - Update
Lonestar Resources - Update
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Lonestar Resources - Update
Frank Bracken the CEO of Lonestar is hosting our luncheon at The Hess Club on July 26. Register early because we are cutting it off at 120 attendees and we expect a lot of interest in this one.
Our next luncheon is July 19 with two interesting companies co-hosting.
Our next luncheon is July 19 with two interesting companies co-hosting.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group