RE:RE:RE:RE:RE:RE:selling on the news?theTransporter wrote: TyJac1 wrote: theTransporter wrote: TyJac1 wrote: Driller58 wrote: Alberta government needs to expedite the audit, tieing up a company for a year, leaving it in limbo is bs
1 year?!
How long do you anticipate this compensation claim will take?
What is/are the next stage(s) after this?
I actually sent an email to the investors relation asking for the time span of the compensation, but so far no reply; been 3 days now.
Once news releases on the amount of payout, would 30 cent be the highest it will reach, or exceed this amount?
Anyone have a crystal ball we can borrow?
I let you choose...my left or right? :)
Hahah! I need something big enough to actually see :P
Going back to your questions - All of us has those questions and in the end, nobody knows hence the risks associated with any stock investment. The current SP is where it's add as a result of the risk of the final compessation being unknown and timing.
If it does take a bit longer that's fine by me as we're owed more interest. If it's in fact $56 million and they take 12 months to settle, that's another $2.8 million that comes our way :)
Roughly how long does it take for these kind of compensation to complete? I cant seem to find any info on the internet regarding this matter.
I don't own any shares as of yet, because I don't like these kind of business in my portfolio, too risky and majority of the time it ends up trading on a flat line for years. Owned stocks such as snd and sll, but that disappointed me too.
Planning to just buy just before the compensation finalises and then wait for the news and sell. I reckon I might possibly could double my initial investment. I can see money to be made from this!