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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Bullboard Posts
Post by stock123on Apr 10, 2018 8:39am
196 Views
Post# 27857718

Illegal insider trading in ATH? 6.9 million shares traded!!!

Illegal insider trading in ATH? 6.9 million shares traded!!!The recent price action and trading volume in the shares of ATH suggests that someone has access to insider information that the rest of us poor blokes do not. Probably another case of illegal insider trading that will go unpunish. The OSC, IIROC and the TMX are once again sleeping at the switch! Just last Thursday, 1.5 million shares were traded in one shot, and the total trading volume for the day was 6.9 million shares, almost 5 times the average daily volume. On most days, ATH trades less than 1 million shares. This unusual trading activity began three weeks ago when ATH hired RBC Capital Markets. RBC has been covering ATH's stock for several years. But three weeks ago, RBC went to a "restricted" rating on the stock, meaning RBC's analysts are currently precluded from commenting on ATH because of an investment banking relationship.  
Bullboard Posts