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Bullboard - Stock Discussion Forum
CONA RESOURCES LTD
T.CONA
Energy
Oil & Gas Integrated
"Cona Resources Ltd is a Canadian company which is engaged in the exploration for and the acquisition, development, and production of petroleum and natural gas reserves in western Canada. The company owns an interest in Cactus Lake property, Winter property, Court property, Cuthbert property, Mantario property, Thermal properties and others."
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Bullboard (TSX:CONA)
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(0)
•••
xbox360
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Comment by
xbox360
on Mar 12, 2018 9:44am
RE:New to Stock - thinking they will get revised offer
Just to let you know that there won't be some other entity, because the majority shareholder already owns 67%. If the initial deal fails, stock price will likely fall back to $1.85. That's the
...more
(290)
•••
schocor
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Post by
schocor
on Mar 09, 2018 6:27pm
New to Stock - thinking they will get revised offer
So I am new to this stock - I get attracted to companies with cash buyout offers on the table. CHECK. Looking at this one - and reading some of the comments on here - I believe that management or some
...more
Regulatory Approvals Secured: Two Rivers East Project Moves Forward with Midstream Agreement Finalized
posted Jul 03, 2024 9:00am by
Coelacanth Energy Inc.
-
|
The Company has obtained all regulatory approvals to construct a new battery facility ("Facility") at Two Rivers East designed for gas compression/dehydration, oil treating and water handling, plus gathering and transport lines to connect from the 5-19 Pad through the Facility to a mid-stream gathering line ...read more
(223)
•••
ariesleaf
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Comment by
ariesleaf
on Mar 09, 2018 9:58am
RE:RE:RE:CONA
To ALL Just Vote NO . Get started on the class action.
(0)
•••
xbox360
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Comment by
xbox360
on Mar 09, 2018 2:01am
RE:RE:CONA
So what's the plan after voting NO? I am guessing the independent valuation should come in at around $2.55 to $2.75. But the stock is still trading at $2.45 and anyone can pick up a share today
...more
(22)
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Playsmart
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Comment by
Playsmart
on Mar 08, 2018 3:29pm
RE:RE:CONA
I don't think they are ganging up for 2.55. They are just following the news,Speculating that is final say from Company. IMO
(0)
•••
xbox360
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Comment by
xbox360
on Mar 08, 2018 2:43pm
RE:CONA
https://ledgergazette.com/2018/03/08/cona-resources-cona-given-new-c2-55-price-target-at-td-securities.html All the banks are uniting together to value the company at $2.55. I doubt the independent
...more
(22)
•••
Playsmart
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Post by
Playsmart
on Mar 08, 2018 1:56pm
CONA
Minority share holders, We need to unite, If 6.94 was book value at the time of Q3 2017 while oil price was lower than today then it must be above 7.00 at today's oil price. 2.55 is almost 1
...more
(0)
•••
xbox360
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Comment by
xbox360
on Mar 08, 2018 1:16pm
RE:RE:This is what criminal behaviour looks like.
You failed to notice that financial projection was adjusted for Waterous to fulfill his criminal activities. That's called threatening before you rob someone. Financial institutions are buying all
...more
(3)
•••
hawkowl1
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Comment by
hawkowl1
on Mar 08, 2018 12:47pm
RE:This is what criminal behaviour looks like.
You and everyone else failed to mention the disaster of adjustsments to 2018 financial projections! Cash flow of .32 cents a share with hedges for 2018 and cash flow of .64 cents without
...more
(0)
•••
xbox360
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Comment by
xbox360
on Mar 08, 2018 12:20pm
RE:This is what criminal behaviour looks like.
Yeah, just look at him. What you do see, lol
(82)
•••
Sonofmshade
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Post by
Sonofmshade
on Mar 08, 2018 11:41am
This is what criminal behaviour looks like.
Drive the price down in a deliberate orchestrated manner - hold it there - than offer to buy it at a "premium" - its a joke and the securities law are a joke. Particularly in the oil
...more
(0)
•••
riverrow
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Post by
riverrow
on Mar 08, 2018 9:27am
Book value around $6, buyout at $2.55
I think I've seen something like this before but don't remember the name of the company. It's up to the minority shareholders now. GLTA.
(0)
•••
nwahsrm
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Comment by
nwahsrm
on Mar 08, 2018 3:38am
RE:RE:RE:RE:Went Public at 19
Nice overview of the process to come: https://www.dailyoilbulletin.com/article/2018/3/7/watrous-looks-take-cona-private/
(0)
•••
nwahsrm
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Comment by
nwahsrm
on Mar 08, 2018 1:08am
RE:RE:RE:Went Public at 19
Oppression remedy, perhaps....
(0)
•••
nwahsrm
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Comment by
nwahsrm
on Mar 08, 2018 12:35am
RE:RE:Went Public at 19
That would be nice lol. But none of the Corp Acts work that way. Vote it down is the only way to force a new price or to cause WEF to drop the bid...
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