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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by kisstopherpon Jun 07, 2017 1:21pm
119 Views
Post# 26336184

RE:A buy out here may get you .45 cents PS

RE:A buy out here may get you .45 cents PS

77TransAM wrote: That would be the TOP PRICE.



 

Thier not going to sell now - They don't need to. They have no debt and no cash requirements. They can wait until the market is in better shape.

Next year at this time they will be bought out is my guess.

Every calculation I do now on a number of comparative metrics using deals concluded recently gets me to a market cap of +/- approximately $150 million or .70c


 

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