Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Post by linus4on Feb 06, 2013 4:19pm
216 Views
Post# 20948505

shareholders of AVF become the Statue& management

shareholders of AVF become the Statue& management

Look back to see all the insider selling around $5.50 to $6.00 , just before they cut the dividend..Then they turn around & give away(imho) the only real income producing asset..I think E.R. could have supported a .28 cent div .by itself & this was their growth asset!!  Of course they pay or a  fairness opinion (which basically lets them off the hook ) & then they can drain off more money because they voted themselves a "change of control clause"...Meanwhile , the shareholders get shafted again while management gets paid for destroying shareholder value...This deal smells from day one & the only people to benefit are those insiders that planned a nice golden exit strategy for themselves..I voted no because of the above.

<< Previous
Bullboard Posts
Next >>