Do you think LINE would have purchased over 6200 acres in the Permian Basin for $525 million and maintained it's dividend payout if they were not confident of the SEC and BRY outcome?
Sentiment: Strong Buy
I think they bought it out of necessity to maintain the current distribution BECAUSE of the delay of the Berry merger. The fact they paid 1.75 times what it was worth speaks volumes.
So now your relentless negativism and practiced innuendo extends to even the geophysical / geologic aspects of Linn's business. LOL Some people brighten a room just by leaving.
I think the geologists at Linn probably have a better insight on the value of the acreage than you do. ACREAGE can vary in value from section to section and sometimes within the section.
Where did you come up with that number?