FORENT ENERGY LTD. V.FEN

ugh! what the...

[Coolheads]

so much for a fresh start.  My optimism was short lived.  In so deep - might as well ride it out.

[Phonse47]

Coolheads, keep your cool and your optomism! And great decsion to ride it out. The recent mini bounces in share price are not representative of true market value.Up 25% down 40% on a couple thousand dollars in sales. Really, on a company with intrinsic value in the 20million dollar range this is laughable.  I had a brief conversation today with Robyn and Richard. Aquisitions in this

[BayStreetVic]

I agree, you don't put these type of people in the same room to just sit and stare at each other. These guys are "in it to-win it". Thats some very interesting news "Forent looking to be 5 times its size before year end" We now have a low OS, managable debt and sounds like access to funds without being too dilluitive. When the price rebounds, and it will, FEN will be very

[Phonse47]

i believe we will have some news very soon of the next M&A. Last i talked to RL , Due dilligence was happening on a dozen or more potential opportunities. RL's biggest M&A was 17 companies and a major financing which all completed simultaneously. Like herding cats and not easy to put together. I hope he goes for a record and rounds up 20.

[BayStreetVic]

Hopefully that’s the case here. Personally, I would prefer they sit on their hands for a while before releasing any substantial news. The markets are in utter chaos and anything positive from FEN may get lost in all the noise. Still, now is the time to position ourselves for the eventual rebound (late 2016??) and quickly capitalise when the selling stops.