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Bullboard - Stock Discussion Forum Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Energy Oil & Gas E&P
Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). In addition to... see more

TSX:CNE - Post Discussion

Canacol Energy Ltd > Yikes
View:
Post by Frank007 on Dec 19, 2022 9:25pm

Yikes

I was doing some math and it turns out that if you just hold your stock for the next 9 days your div rate works out to 33% annualized ...lol not bad  may pick up a few more tomorrow .
Comment by oilwatcher13 on Dec 20, 2022 3:38pm
Don't do it man... take a look at the 10 year chart and see how much value Gamba has added to this stock. NONE... PERIOD. Just wait, after the consolidation they will adjust the divy back to below 5% and you will lose more money. You heard it here first! JMHO
Comment by Frank007 on Dec 20, 2022 5:00pm
I Agee...the consolidation is in January ...I will be long gone by the ..just clipping the coupon ...bought some more today @ $1.76... do not think they will drive her under $1.70 but who know they are pretty crafty
Canacol Energy Ltd