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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Post by JReynoldson Jan 15, 2013 1:34am
440 Views
Post# 20838070

Either way is a difficult decision.

Either way is a difficult decision.

Hmm, I wanted to remain quiet on this and not to influence the decision on the voting process due soon, but I changed my mind. Looking at current state of things, with ER gone, if the merger does not take place, there is nothing left for us at Avenex and the dividend may not be sustainable after this.

If the merger does take place, then Avenex will have to share the debt burden of Charger, and will be forced to focus on her core activity. Will the so-called strength-in-numbers concept be applied here successfully, though one of the components in the number here is fairly weak ?

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