RE:RE:What to do with those pesky NVA shares ...Ok, so narrowing down exit strategy to a) POU is an NVA takeout participant, or b) POU sells as part of another takeout bid. Both reinforce that it's not a liquid asset!
With NVA buybacks, POU will soon be pushing the 20% threshold. Implications?
MyHoneyPot wrote: If NVA are going to keep doing buybacks, you can just them let them do that and reduce the float, increasing your ownership and the value of your shares. Maybe they want pou to buy them.
Or maybe POU knows someone that want to take out NVA and POU can sell their shares at a premium.
In any case NVA will be 83000 boe a day next year, likely exit at 88,000 boe.
If they average 83,000 boe that is roughly a a 15,000 boe increase in production year over year, roughly that over 22%, might be a good reason to keep them.
IMHO