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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Connacher Oil & Gas Ltd
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Comment by thianon Mar 01, 2012 4:28pm
486 Views
Post# 19613584

RE: 3 yr average...

RE: 3 yr average...

"If the average over 3yrs is less than $1.50 /sh.....then why would a takeover bid be more than this?"

 

I will answer your question.  In any takeover a premium has to be paid.  A 100% premium would pust the takeover price to 2.18$. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities