Nuvista Energy Ltd T.NVA

Vote of Confidence

[MyHoneyPot]

Really, i believe it is kind of an Eric Nuttal thing, he really does not want to pursue dividends in his fund, be perfers capital appreciation, capital gains. NVA is the largest holding the NinePoints fund. 

I am sure it is all about the tax efficienty regarding owning a fund and generating meaningful returns for shareholders in a tax efficient manner. 

I think it is a real vote of confidence in NVA buying back their shares, but you will likely see less down days, and less buying opportunities in the future. Johnathan without hesitation is eager to buy back NVA shares, so i can see a lot of upside here. 

Buying back 10% of the float should end up with at least 10% price appreciation. 

The only think i am concerned about is the sharks have their eyes on NVA and their are a lot of shares in the hands of people, that may be looking for NVA takeout.

I am good as i will hold my shares very tightly.

IMHO

[BuyLowAndHold]

What premium would you require to release your shares to the shark that takes out NVA?

[MyHoneyPot]

Well I once thought a 3:1 share exchange would be fair, but i am not sure that is the case anymore.  Nuvista is the perfect fit for POU, and really owning 17 percent of the shares, they are already getting the stock at roughly a 20% discount considering the fact they bought a lot of those shares in the 60 cent range.  When NVA starts buying it share back, i could see the price perk up