There is no benefit......In my view any takeover bid would not occur until at least the 1st and or 2nd drill results come in. At that point if the numbers would be evaluated (oil in the ground) and then negotiations would take place for a "takeover", holding down the current share price has nothing to do with trying to get the "takeover" price cheaper. It simply has to do with the valuation of PCL's current and future net worth, and this is how the buyout would take place. Cheers!
PCL Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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