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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 > Who’s gonna make the first move?
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Post by Todamoon18 on Jun 30, 2021 9:45pm

Who’s gonna make the first move?

I don’t care who says what on this BB...the fact is this stock is grossly undervalued and is a prime takeout candidate! Let’s say someone offers the equivalent of $1.50/share(basically a 50% premium).I would fully expect that would be trumped.ATH have solid production AND the tremendous long life reserves are highly coveted.
Comment by OilManiac on Jun 30, 2021 10:05pm
Longer this is kept down the better that offer would look
Comment by Maxmoe on Jul 01, 2021 10:50am
This is very very true. Last year my little pony was scooped up by cnq for a steal. If it was still trading it would be 5X the price it was taken out at and still be cheap.
Comment by CandyC on Jul 01, 2021 4:56am
We might be $1.50 if oil hits $80 very shortly 
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