TakeoverTakeover by Enmax will effect Cordero shareholders furture upside possibilities as the natural gas price is strong and rising.
Taking the Ember offer will create a formadable producer with room to grow considerably, especially with natural gas above $10.
Dilution will not be a factor as Cordero holders will receive 2.56 shares of Ember, while Ember holders will continued with their present number of Ember shares held, but will have a stake in a larger company.