RE:IF SOLD WE ALL LOSE THAT SIMPLE It's gone, Bellatrix is finished entity. If they can't use this price rise to get a good deal with 'extra' money leftover for the shareholders then that's it, we are all out of pocket.
I have a suspicion that a deal was made before the stock was suspended, but that's purely a guess on my part.
The recent spike in AECO is going to make it very difficult (you could even say embarrassing) for the management team to sell off Bellatrix at a very low price. The AECO price rise, especially in the futures market can guarantee some solid returns for whomever buys these assets at a discounted rate.
Will we get full market value for the assets? No.
Will we get a 'fair' deal? Probably not by our standards.
Can the management team disappoint the shareholders one more time? Absolutely.
Will we get any payout for stock held? We'll know in a couple of weeks.