Darryle,
Good Morning and think you for flying to Melbourne to attend the AGM.
I believe CNQ could receive a takeover and maybe some major shareholders have unrealistic price expectation. (Note only unrealistic because of the events of the past and small caps being out of favor.)
If appropriate could you consider ask the following question?
“Considering the boards extensive commercial experience and in light of the current trading in CNQ shares is the Board expecting a takeover offer and considering CNQ current financials position what would be a realistic offer? “
“Is it possible that Mitsubishi instead of injecting $15m could buy CNQ unfortunately for not a lot more?”
Cheeky but why not.
Thank you.
Please DYOR and I welcome constructive comments.
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