Buy more....
Opportunity of a lifetime....Makes me think of the Talisman....Nearly same situation....Except BTE has better properties and les debt than TLM had.....Interesting that certain company officers bought shares in Aug and beginning of Sept. at much higher prices....
Talisman deal was worth $15 billion, $8.3B cash and $5.7B debt assumption....They were larger company in terms of market value but IMO BTE has more valuable assets....
Value was $8/share......they had 1B share float.....Baytex portfolio IMHO is more diversied than TLM was....Repsol assumed the debt on the deal....
BTE is definitely a takeover target......