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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > Similar Arbitrage situations
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Comment by Dannygoon Mar 15, 2016 12:38pm
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Post# 24660222

RE:RE:RE:Similar Arbitrage situations

RE:RE:RE:Similar Arbitrage situationsIf local purchase, it will be half cash half shares. This is CASH from Santa Claus. I'm Chinese from Hong Kong. Ten years ago, it's not possible for Mainland China to buy oil co. from North America. Now is the only chance when crude oil price is low. They need LNG badly for winter to replace coal. Due to political (disadvantage) reason, China usually pay higher. Lenovo bought IBM PC is one of the good example. Lenovo was the Santa Claus of IBM.
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