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Bonavista Energy Corp BNPUF



GREY:BNPUF - Post by User

Comment by sblackicegon Mar 19, 2017 1:03pm
405 Views
Post# 25999377

RE:What's happening with bnp?

RE:What's happening with bnp?

~ I emailed investor relations and was told it was due to money manager divesting away from the Canadian energy space in the short term - the balance sheet for BNP is much better than it was 12 months ago - & even then after such positive financials it continued to decline. 

Just temporary until OPEC members start meeting production cuts. MEG & BTE were both about $3 higher than their curent value late December, so I see this as a sector wide decline for the time being, should pick up in the last 2 quarters of the year.

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