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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada)
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Comment by Steelhead15on Oct 31, 2013 7:05pm
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Post# 21866930

RE:RE:RE:RE:RE:Q3 Results

RE:RE:RE:RE:RE:Q3 ResultsJust curious because I don't know - if BXE were to be bought out now at $2 higher, what would the short debenture holders do? Would they be stuck for the rise in price on their shorts? I'm not sure what the shares redeem at. Do they redeem at any market price which exists? If so, it is a no brainer to short the shares. Can't lose.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities