Advantage Energy Ltd T.AAV

Nice start to the day. Strong move.

[Margin321]

Have to admit it.  I guess I have to quit whining about exclusive share buybacks that  they  picked over more balanced approach including dividend.


But at some point buying shares into a strong up move becomes less and less efficient in adding more value.

[Burgersandfries]

They haven't bought any yet perhaps they change their focus. Debt first less then pressure to hedge. Divi should be last. 

[energee]

From their last news release on April 28, 2022  "4.1 million common shares already purchased since inception on April 13, 2022"

[robert41]

Yah I saw that to but checked the insider report and there's nothing reported yet. I think corps only have to report every 30 days not sure though

[Burgersandfries]

I stand corrected I forgot about that. Odd they haven't reported the purchases perhaps Robert is correct. Better to buy them now than at $20. :))

[energee]

Yep. Agree on the $20. :)

[byloselhir]

all the $20 talk I have shares you can have cheaper than that

[robert41]

Well most of us have lots of shares already but thx....if $7 dollar gas is the new normal going forward don't you think $20 will be cheap... again I have no idea but $7 gas given supply and demand is possible 

[byloselhir]

I have no clue where it will go and nobody else does either, anyone that say's different is full of s=it and no $7 gas is not the new normal just like $10 for a 2x4 is not the new normal or $10,000 for a shipping container is not the new normal. I don't like a company that the insiders won't use their own money to buy at a buck or so a share but want to use my money to buy at close to

[robert41]

I'm no fan of buy backs either. Their financials will be interesting I look forward to yasch and TerribleEng etc weighing in. The price of gas is anyones guess I wish there was more clarity and stability. I hope Darren has a good explanation for not seeing the gas moves and their hedging program. There's been too much cash left on the table it seems to me. 

[robert41]

Whoops sorry I was thinking of pey as well while I was posting those posters will whey in there.