RE:I should add one more thing on feb 22They are looking to roll out of Keane, not buy more. Several large blocks today, dont forget, Wilks bros still own 7.3%..wouldnt be surprised to see them go back above 10%..if not higher. Net out their Keane stake, add in their working cap(lets not include inventory) and you see an almost 210M cad net credut balance. Fully expect TCW to aggressive buy back stock after earnings are announced and finsh their 22M balance rather quickly.
Trans Mountain will get built and I fully expect Transcanada to fully commit to the Keystone when they announce earnings in a few weeks.
Oilsurge wrote: Since it appears to be they can’t buy their own shares to after February 22 what do you think is going to happen. .. under 4 dollars I believe they are going to buy lots. I also monitor Eric nuttall holdings and notice Keane is his number one holding. I wonder.. pure guess here is after April USA restriction is off them if they don’t buy in a larger chunk of Keane. They will in my view get more aggressive in the us. This is why I am buy shares at these gift prices.