Panoro Energy: Time To Defuse The Value Trap And Unlock Shareholder Value
- Robust financial position and two exciting fast track development assets makes the company appealing acquisition target for upstream companies looking to expand in West Africa.
- Ongoing corporate sales process is on a homestretch. Situation provides unique opportunity for short term gain.
- Panoro share trades at 3.35 NOK per share. Current market cap of $125 million is bargain compared to fair sum of parts valuation.
- Expected value of Panoro share offers investors comfortable safety margin pointing out to imbalanced risk-reward ratio.