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AvenEx Energy Corp AVNDF

Energy Oil & Gas E&P


GREY:AVNDF - Post by User

AvenEx Energy Corp > Elbow River done deal
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Comment by poneon Feb 15, 2013 4:56pm
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Post# 20998131

RE: RE: RE: RE: RE: Elbow River done deal

RE: RE: RE: RE: RE: Elbow River done deal

If they had put the sale of Elbow River up to a vote of shareholders, they would have lost 9 to 1.   No one in his right mind would sell an oil by rail infrastructure play at 5x EBITDA when that market is growing at 25% per quarter!!      

 

Shareholders got raped.   

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