Post by
ARR on Nov 19, 2015 10:55am
4000 K Shares traded
SO - more shares trade in a morning than in the last 2 years and there is no news, no comments? Anyone have an idea of what's happening?
Comment by
bullmarkets on Nov 19, 2015 12:28pm
they are trying to fight a takeover.. they should do a deal since small companies are not feasible..
Comment by
ARR on Nov 19, 2015 12:43pm
can I ask where you get the info about a take over?
Comment by
ARR on Nov 19, 2015 4:03pm
OK - I looked it up. Have not paid attention to this stock for a long time but I do own shares and I will not tender my shares for 0.17.
Comment by
bullmarkets on Nov 20, 2015 8:59am
they will probalby get a few pennies more.. but those reserve valautions are from last year and will change.. there is little capital for small caps, and after all the salaries are paid there is no money to drill.. small caps have slowely been dying off..
Comment by
ARR on Nov 20, 2015 11:43am
That is correct. IOG"s numbers are high because they are old but, this offer is way too low and needs to at least double.
Comment by
bullmarkets on Nov 21, 2015 11:08am
i would say max maybe another 10 cents. but what other options are there. the assets is depreciating, they really have done minimal work, for the salary..
Comment by
Oilmarket on Nov 25, 2015 9:53am
not that many shares traded. https://finance.yahoo.com/news/joint-actor-1927297-alberta-ltd-022100157.html
Comment by
judson on Nov 26, 2015 3:22pm
with current management we get the same, why not tender our shares. One of the worst managed companies in good times, cant get any better.