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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Speculation about (Pou)Take Out Price
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Post by Glider49er on Oct 08, 2020 2:44pm

Speculation about (Pou)Take Out Price

After reading the commentary the last day or two re potential NVA buyout prices (some have suggested $.80-$1.00), I was think about the NVA management team share holdings. 

Unless they received zero cost shares/options years ago, how much stock would they actually own at prices under $1.00? I'm thinking not much...

At first blush most shares/options were granted at prices way above current levels and are worthless. 

What's in it for them to sell at such a low price? Survival? A desk job at the new firm? There wouldn't be a huge payday. 


Perhaps I'm completely wrong!!

Comment by Robertboblaw on Oct 08, 2020 2:56pm
Golden parachutes my man. Golden parachutes... Again...just speculating...
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