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Manitok Energy Inc MKRYF

Energy Oil & Gas E&P
Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Manitok Energy Inc
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Comment by twonxanityon Jun 30, 2014 8:40pm
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Post# 22707107

RE:RE:RE:March news regarding company buyback of shares

RE:RE:RE:March news regarding company buyback of sharesI guess I dont have the same issue with buybacks as you. The company felt the shares were cheap and bought them back. Looks like they bought back aggresively as per the latest presentation. If you want to quantify the supposed value of the buyback look at the presentation. 

All I know is that the price is now higher and still undervalued and they reduced the share count by millions, what is that worth to use if it hits $4?
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