Red Flags at Transmeridian Exploration [View article]
I don't understand how you came up with $825M. The Nov 10K filed with the SEC lists long-term debt at 272M and there are 116M shares (and the CEO already owns over 20M shares) so the amount of money needed to do the buyout is $370M.
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Latest | Highest ratedRed Flags at Transmeridian Exploration [View article]