TSXV:ART.H - Post by User
Post by
roilyon Dec 24, 2009 11:28am
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Post# 16617516
Sterling Energy and VST
Sterling Energy and VST
Excuse me if this has been discussed but I am away for the holidays and not following any discussions. Sterling Energy(SEY on the London Aim) just underwent a 40-1 reverse split and is now trading @ 162p or 2.59 US/2.70 C. After the consolidation they appear to have 219 mil shares outstanding. Sterling occupies a block directly next to Vast and they are preparing to spud early in 2010. I need to spend some time reviewing this but does anyone think that having a E&P adjacent to Vast trading at over 4 times the current Vast price as a positive thing? I know I should know this but my notes are at home, what is Vast's current share amount?