GREY:BXEFF - Post by User
Post by
RichyRich$on Jun 20, 2019 8:39am
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Post# 29843380
Warrants Issued at $3.03 Exercisable Strike Price
Warrants Issued at $3.03 Exercisable Strike Price2 Million Shares of Warrants were issued in the deal, exercisable at $3.03. That means smart dudes with many letters following their name believe it's worth above $3.03 or they won't make any money off the warrants. That goes in line with the current analyst average consensus price target of $4.20. Remember new investors... BXE is still .06 Price to Book (absolutely insane deal!) And now $110 Million less debt! This puppy will fly! Oil rallying and looking to trend up for the next few months. Natural Gas to follow. AECO at an all time low ready to pounce higher. The S&P/TSX Canadian Energy Sector near a decade bottom... ready to pounce! Now's the time to buy for new investors or old investors that sold higher. Before it's too late!