20c puts us at market cap of $750 million, not $500 million.
I guarantee a ton of folks will sell out at 20c
The idea that someone can put a private T/O bid to management is nonsense.
If someone wants to make a bid, they have to declare it to the market.
Management can make recommendations one way or the other but it is the shareholders who decide.
It all depends on who makes a bid as to how high the SP can possibly go.
Anyone but COP is my preferred option.
I would like to see oil get back to at least $50 toot sweet and for our SP to get back to at least 10 to 12c before anything happens on the T/O front.
Value Taking Opportunities, page-17
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Last
51.0¢ |
Change
0.005(0.99%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $168.3K | 332.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36962 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 150000 | 2 |
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