OTCPK:VREYD - Post by User
Post by
tracker11on Dec 09, 2020 6:10am
305 Views
Post# 32065346
Buyout...
Buyout...
Why would anyone disagree or be against this merger? With the combined synergies of both WCP and TOG, the future upside is far better and achievable than each company going at it alone. Survival in today's oil market means consolidation and low cost production. In my opinion, 0.57 WCP shares for each share of TOG is reasonable (calculated based on the indicated time period) and if WTI reaches the $50 - $60 level, converted TOG shareholders will be rewarded.