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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Comment by pwalk140on Feb 11, 2013 1:32pm
189 Views
Post# 20969722

RE: RE: A slam dunk

RE: RE: A slam dunk

I wouldn't bank on that bakken13.

I think people are forgetting who own these shares. Don't forget when Provident sold off their upstream business to Midnight to form Pace all of the Provident shares where split between Pace and Provident. Pace consists of half Provident employees. Provident employees, ones at Pace and ones that stayed on with Provident can't wait for "their" management team to take over again. Now you have the majority of employees at Pace that are old Provident staff voting yes, all of the old Provident staff that are now with Pembina due to the takeover of Provident voting yes, that's well over a 1000 people with slightly over 8million shares voting yes just on the Pace side. 

8M shares out of a 47M from Pace to vote yes

67.3M shares out of 67.3M shares from Charger to vote yes (Who in their right mind would vote no if they owned Charger shares)

54.3M shares out for AvenEx - we'll say just management is a guaranteed yes so that means 3M yes just from management at AVF

These are just the "guaranteed yes" votes. There are many people that are not in either of these situations that will be voting yes too.

 

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