CE1 0.00% 0.9¢ calima energy limited

Ann: Company Update, page-14

  1. 1,225 Posts.
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    Two parties for price discovery yes, they had (have) three. I also take in account Peters & Co were shopping the Montney asset for a deal for over a year.....nothing. Again, I'm just putting it out there. Dividends are welcomed but considering the magnitude of the fall in the equity value...we're a long way down.

    If they really think the biz is worth substantially more...why the hell aren't they buying equity by the ton up to the value they consider the business is worth? That's the obvious best bang for buck return at these levels but no. Sorry, but these guys say one thing but what they've done historically has been at odds. This is more of the same.
 
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