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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Post by bushhog1on May 21, 2015 11:15am
204 Views
Post# 23749348

Pacific Rubiales taken over at $6.50

Pacific Rubiales taken over at $6.50If PRE with a tangible book value of $6.65 and Debt of $6.8B
got taken out for $6.50,then

 LTS should get taken out for about $6.50 too,
because they have a tangible of $6.45 and a much smaller Debt of $1.6B
                                                                                                                  

Oil producer Pacific Rubiales Energy Corp said it has agreed to the $6.50 per share cash offer from Mexico’s Alfa Sab de CV and investment firm Harbor Energy Ltd
https://business.financialpost.com/news/energy/pacific-rubiales-energy-corp-agrees-to-takeover-offer-from-mexicos-alfa-sab-and-harbor-energy?__lsa=3387-2eef
Bullboard Posts