Stock price when the opinion was issued
Owned for a while. The demand for yield is highly significant in terms of how people operate. Chart says management has been under promising and over delivering for some time. Can grow by 60% next year. Thinks they can pay a dividend next year. Expects 6-7%. If not, their asset will be extremely attractive to be taken out.
The merger will create an oil weighted junior and a dividend paying company so that is positive. An excellent company and the street will learn to love them. Likes this name. Very reasonable upside. Has been rumored as a take-over candidate.