GREY:BXEFF - Post by User
Comment by
Snowhouseon Jul 05, 2018 1:52pm
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Post# 28273559
RE:How many shares
RE:How many sharesThis will happen more often than ever here. Now that BXE Management is converting the debt into Common Shares at all time lows the lenders have tasted the blood. They will try to keep the stock price low to get future conversions at cheaper SPs. Also, more shares into the market now and hence with every small bounce the biggies will come and short it.
BXE Management has taken us SH into a death spiral. It will go down and down with time as it has done in the past.
IMO, The only way SH can benefit is if BXE gets sold out. I have heard BXE has about $1.2B in tax credits which could be another benefit to the buyer.
allyboys wrote: Anom has sold millions of shares. How many millions of shares do these investment funds own? I was hoping the LNG plant being approved would strengthen Gas related companies. What is occurring, or what am I missing?