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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > Bullish for the Merger
View:
Post by iaminvestor on Jan 16, 2013 3:27am

Bullish for the Merger

Comment by TimeBuilder on Jan 16, 2013 9:55am
Copy...........FYIPace Oil (TSX: PCE) will be merged with two other smaller Canadian producers if the shareholders' approve the deal in February 2013. The new entity of 18,000 boepd will be both a growth machine and a dividend paying company with a hefty annual dividend of 36 cents that yields 10% annually. The completion of this deal will definitely attract a new category of income investors ...more  
Comment by Kherson on Jan 16, 2013 10:32am
 Timebuilder, yes the merger is good for shareholders of Pace and Charger. No one is disagreeing with that point, the problem is that we Avenex shareholders are the losers... Kherson
Comment by TimeBuilder on Jan 16, 2013 3:31pm
Kherson.......agree with your postings.......we have been long term holders of AVF in 2 accounts....and will wait and see just how this all shakes out ...Feb. should be an interesting month....never sold a share.......Regards TimeBuilder
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