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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: David Alon who wrote (3623)7/1/2002 8:59:08 PM
From: Scott Mc  Read Replies (3) | Respond to of 11633
 
Based on the presentation its 1.75 per year, don't know the assumption for NG prices, this trust will be 100% NatGas, if the 1.75 is realistic should trade @$10+ based on the quality of this long life NG field.
Scott

I believe the numbers are realistic, just not sure WHEN they made their assumptions. Take a listen to the presentation..

POU, currently $15
You get 1 share of O&G with cash flow of $3.85 per share
1/6 share of a NatGas trust with $1.75 payout
1/2 a right

1 right +$5 gets you a share of the trust.

Let me know what you think, there will probably be some opportunities when the new shares/trusts/rights start to trade, not sure how to play it just yet...