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Bullboard - Stock Discussion Forum Granite Oil Corp GXOCF

Energy
Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.

OTCQX:GXOCF - Post Discussion

Granite Oil Corp > boulder premium was 70% on going private takeover
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Post by uograd on Mar 20, 2018 5:14pm

boulder premium was 70% on going private takeover

Yes you are right about the going private deal for boulder.

However let's look at the facts. The shareholders there got a 70% premium in cash based on the day before price and a 96% premium in cash based on the previous 90 days trading price.

A 70% premium here would take us to about 4.35 plus or minus.  That work fine for me and i will collect the 10% dividend while I wait.
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