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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Comment by CapeBretonon Jan 26, 2015 4:56pm
453 Views
Post# 23365107

RE:RE:Templeton owning ~20% and a takeover?

RE:RE:Templeton owning ~20% and a takeover?
I wouldn't say its meaningless nonsense, with oil down, when it stabilizes companies are going to say how can they benefit, and there will be some significant M&A activity. The fact Templeton has 1 out of 5 shares is certainly significant. It means a previous buyer is now a holder, so there will be less shares (20%) actively traded, that could be stabilizing to the SP. Templeton was a major institutional shareholder with Talisman so it is not unreasonable to "chatter" about this unusual level of TBE ownership, that's what these boards are for....chatter/talk/discussion
Bullboard Posts