GREY:AVNDF - Post by User
Comment by
rad10on Jan 10, 2013 6:42am
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Post# 20818935
RE: Good to hear this...
RE: Good to hear this... Glad to hear the new news about CHX, with all the recent negativities about CHX 'killing' the other two in this seemingless fruitless merger. Thank you... Let's move-on.
What new news about CHX is there? I have scoured SEDAR and the web and can't find anything. The 5 year chart speaks for itself. I have seen the spyglass presentation and don't see what charger brings to the table. As an AVF shareholder what is in it for us? I would appreciate a special dividend for the $80m proceeds of the Elbow River sale - rather than using these funds to prop up a new entity.
My minimal research suggests Charger floated 5 years ago @ around 11.50 and is trading at 45 cents. From their website:
The Charger management team have worked together for many years and have a successful track record of creating value for shareholders.
The chart seems to state otherwise. What am I missing? - useful information from an AVF perspective is greatly appreciated.
Thanks in advance