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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Post by tinman8on Feb 14, 2018 12:57pm
221 Views
Post# 27558735

PREVIOUS SHARE CONSOLIDATION

PREVIOUS SHARE CONSOLIDATIONUnfortunately the past share consolidation was in my view the worst thing for shareholders, as US investors have a sell Canada attidude, and the consolidation put the SP nicely in the frame for various manipulations both up and down for smart money profit, and hid the huge fall from 2014 $10 and $11 range.  If we still had the old SP valuation we would be around 30 cents canadian leaving little room or interest for manipulators. Sadly this stock is grossly undervalued - maybe investors will realise this when we get the next company statement in March
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