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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > If Nuttal was buying then it was through BMO
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Post by lovehockey on Mar 25, 2021 3:42pm

If Nuttal was buying then it was through BMO

Lots of shares went to accounts with BMO
Comment by lovehockey on Mar 25, 2021 3:53pm
It does look like it is him, seems like he believes 47 cents is a good price to pay even now when oil price is manipulated down. 
Comment by Chris007 on Mar 25, 2021 4:06pm
If he was buying anyone, we will find out soon...when he took a big chunk of the stake from Equinor last time around, he deliberately stayed below owning 10% of shares outstanding, so he does not need to report as an insider. He was literally right on the threshold of 10%, so if he was making big buys today, he'd obviously be over.
Comment by Maxmoe on Mar 25, 2021 7:04pm
I'll eat my hat with a nice bernaise sauce if he has bought a single share this week. I'll take a nibble if he bought any since he bought that block from equinor. He does not go over 10% of a company, and he doesn't put over 10% of his fund in one name unless it creeps over because of performance. If he does own it, I'd expect it get an honorable mention tomorrow if not a top pick. ...more  
Comment by AppreciateOil21 on Mar 25, 2021 7:44pm
:D
Comment by cahclick on Mar 27, 2021 11:11pm
I don't think Nuttal would be buying at .47 when he already bought 50 million shares at .18 from Equinor back around Jan 18. He would be averaging up if he bought at today's prices. His money manager rating would go from hero to zero. Lol   jmo  
Comment by old_dog on Mar 28, 2021 2:52pm
FROM HERO TO ZERO.......well thought out I can see your a real pro. Let me ask you this question....if he keep the money in cash and didn't buy any more then he'd be a smarter money manager. You do seem to have missed a bigger picture.....while he amassed a nice block in the 18 cent range and I'm sure he's been pounding them away as the price has been climbing...how much value has ...more  
Comment by cahclick on Mar 28, 2021 4:51pm
Well, as I'm sure you know, he's not a long term investor - just looking for profitable turns.  He could easily be out of ATH by now as he's had lots of opportunity to sell the position he bought. There were lots of high volume days on the way to 60 cents. However and I mean however in all caps, if he sold out, he has to come up with another that can perform better than ATH ...more  
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