GREY:MKRYF - Post by User
Comment by
OOU812on Oct 09, 2017 10:28am
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Post# 26791766
RE:** Is the boat sinking** ????????
RE:** Is the boat sinking** ????????The natural gas price is not helping.For the last 5 days gas has traded for free.
When's the last time a commodity traded for free?
https://www.gasalberta.com/gas-market/market-prices?p=pricing-market.htm
It doesn't look too promising for the quest deal.Considering that quest had negative cash flow
of $1 mil for Q3,that may not be such a bad thing.In this environment the last thing man should
be doing is taking over a company with very little hedges.
Whether Mei survives or not is anybody's guess.They will most likely continue to dilute the
shareholders to stay afloat.Survive or not, the shareholders won't like the outcome.