Canaccord Genuity Lead Bid Why would the compliance office not be making Investment Advirsers speak to their clients. I am going to find out. WIth Canaccord as the only lead bid, investors have to be concerned. There is no market support. If my broker was not calling me to warn me of the situation and also getting them to sign off that they did not want to sell. Even with the weak bids a client could sell approximately 23,000 shares.
WTI is down at $42.59. Crescent Point cuts their divident. If Crescent Point is hurting, how is a small company with a great deal of debt going to deal with the low oil price.
Market tells investors that it is very unlikely able to raise monies. If the cash flow is falling, how can they develop their assets? And possibly they may have to pay down some debt.