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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > ILack nstitutional Investors
View:
Post by SCARSURFING on Aug 14, 2023 5:37am

ILack nstitutional Investors

The problem I see is lack of Institutional investors.Is It because of e s g or something else?
Comment by SCARSURFING on Aug 14, 2023 5:41am
How do i edit a post? lol
Comment by malx1 on Aug 14, 2023 5:02pm
Company is too small for most institutional portfolios.      Not always a bad thing.    
Comment by SCARSURFING on Aug 15, 2023 1:00am
1.1billion mkcap too small?
Comment by JayBanks on Aug 15, 2023 5:08am
Yes... in most investment communities we would be considered a 'Small Cap' which isn't chased by many institutional funds... Also, Eric Nuttall, who runs a fund that does have time to time interest in CJ has mentioned before liquidity for institutional investors is very poor. He made a point over a year ago on BNN discussing how they take positions for funds, they don't really buy ...more  
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