Post by
seanatis on Dec 20, 2014 7:56am
TBE
Is this the first-time we see TBE being associated with FEN? I wonder if that's a hint of things to come... TBE just slashed the dividend to free up some cash and would have enough money to swallow up Forent. At these prices, we'd more than likely all lose.
Comment by
BayStreetVic on Dec 20, 2014 3:17pm
C'mon..The undrilled land alone is worth more than the current market cap. Notwithstanding the 250boe. After reading the new presentation, it reaffirms my initial feeling.. Forent=For-Sale.
Comment by
Phonse47 on Dec 20, 2014 7:00pm
most interesting comment in new presentation is monty has potential to add IMMEDIATE SIGNIFICANT VALUE AT CURRENT PRICES. This is the play! This will not be defered. I think unlikely forent is for sale but more likely to be the aquirer in M &A
Comment by
Yajne on Dec 20, 2014 10:23pm
Phonse...acquire? with what?
Comment by
Phonse47 on Dec 21, 2014 7:49pm
Cash is not our only asset! And if we need more we can get it.