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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Post by billfox54on Dec 20, 2012 12:46pm
407 Views
Post# 20756416

Valuation

Valuation

About the only positive I can think of is that the new company may attract some analyst attention.  So, with a $.03 divvy, I don't see SGL spending a lot of time under $3.00.  If you think the deal will go through, CHX and PCE trade at a slight discount to AVF, even accounting for the  .07 divvy AVF holders will receive before the deal closes.  If the deal doesn't close, I really don't want to own the remains of AVF.

This is now a bigger tax-loss candidate.

I'm really unhappy with this.  PKI says buying Elbow River will add $.13 in earnings. 

This grinch's heart is not growing three times larger.

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