TSXV:WEE.H - Post by User
Comment by
AboveBoardon Sep 18, 2022 6:00pm
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Post# 34970171
RE:RE:RE:News release
RE:RE:RE:News releasetannin wrote: I think 'something is up', what with nr's about Brad exit and WEE's intention to "evaluate potential strategic alternatives to maximize shareholder value." And Eagle1970, our share price makes zero difference to any company that can see advantages, typically profits, from buying WEE...and of course, 6 cents would not be the price of purchase. Wee has entered a process, and one that takes time, so lets be patient. Just occured to me that, maybe, Brad left our employ so that he can also work to earn himself a handsome fee from finding a deal that we shareholders would say 'yes' to. And if/as/when he does, I'd be happy to pay......let's see what this baby is really worth, because, I don't for minute think the current 6 cent price reflects the true value of this company.
You possibly could be correct. 20 or so years of data and understanding of this specific technology has value. It possibly would be cheaper for some oil entity to acquire or joint wavefront than risk messing up oil wells experimenting with the tech on their own. What would the tech be worth? 10 cents a share? 15 cents? 21.5 cents a share? More? Hopefully all works out. The above is only speculation. I have no clue how things are glong to evolve. Will Brett sink or swim?