GREY:TRIAF - Post by User
Post by
shambano1on Sep 18, 2013 8:19am
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Post# 21747825
Triloil presentation
Triloil presentationI copied this from Trioil's presentation;
Lochend M&A activity inQ4/2012 highlight top tier value of property
Pengrowth purchased Equal Energy’s
adjacent production and lands for
approximately $118,000/boe
so why on earth would they sell for almost half of the above transaction price. They imply their land is equal to Equal'lands but they screw shareholders by accepting a low-ball offer.
still much more questions than answers with this takeover??????