GREY:BOPFF - Post by User
Post by
Oceans19on Jun 19, 2013 8:44am
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Post# 21541595
Border Petroleum bid date scheduled for June 27, 2
Border Petroleum bid date scheduled for June 27, 2 Border Petroleum Corp. ("Border") has retained Dundee Securities Ltd. ("Dundee") and Macquarie Capital Markets Canada Ltd. ("Macquarie") to advise on a process to identify potential strategic alternatives. Border is amenable to both asset level and corporate proposals. The bid date is scheduled for June 27, 2013.
This is a business man's bet. Macquerie's Net Asset Value calculation is .09/share and is currently trading at .015/share. Have a look at the previous mandates that Macquerie Tristone has completed:
https://www.macquarie.com/mgl/com/macquarietristone/services/transactions
They have put together some big deals. Border with a market cap of 5 Million at .015/share is peanuts and will likely fly under the radar until it is taken over. GLTA