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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 > Does today have anything to do with warrants
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Post by CJInvestor on Apr 15, 2024 5:08pm

Does today have anything to do with warrants

I am reading that's why we tanked compared to so many other oil stocks. Can anyone with knowledge of this and what it means shed light on the warrant situation with ATH and why it may scare off investors right now?
Comment by cahclick on Apr 15, 2024 5:50pm
  I don't believe it has anything to do with the warrants. Matt2018 helped me with this a while back. With the current NCIB, ATH should have all the shares related to the refi warrants paid out and cancelled by about October 01, 2024. With current price of wcs, ATH can easily execute the NCIB.   ATH trades a lot of shares per day so it's a haven for traders and shorts ...more  
Comment by CJInvestor on Apr 15, 2024 6:54pm
Thank you! That does help because I thought that's why maybe Eric sold and all this is happening. They were known years ago for doing this kind of thing. But I invested in 2022 because it's a new company. I'm still long until we get to 7 come h&$ or high water. 
Comment by Northofsixty123 on Apr 15, 2024 9:44pm
Probably sharea some responsibility, add the fact that the gov of Canada is rumoured to be adding another tax to oil profits. Ath is a pure Canada play and also has alot of day traders and shorts .