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CONA RESOURCES LTD T.CONA

"Cona Resources Ltd is a Canadian company which is engaged in the exploration for and the acquisition, development, and production of petroleum and natural gas reserves in western Canada. The company owns an interest in Cactus Lake property, Winter property, Court property, Cuthbert property, Mantario property, Thermal properties and others."


TSX:CONA - Post by User

Post by Playsmarton Aug 14, 2017 11:36am
265 Views
Post# 26578315

Cona

ConaI may be wrong but under TSX rules issuers can't buy back more that 5-10% of stocks in a year time unless shareholders voluntaring for buyback process. So does not looks easy for them to buy back all 38% stocks held by others than insiders now, at whatever price they wants. Any opnion ?
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