Bad deal !Doesn't look like the management owns much 5.5%. Anyone have a sense of which way the top instituional money is looking to vote? Busy with work so I don't have much time to research it.
At $6.25 SPE looks vulnerable to a white night take out.
American companies in the Bakken must be looking at this deal and saying wow here is our chance to diversify in a new zone and market.
They can't buy assets for this cheap in the States plus they get a 20% currency sweetner, shareholders should be courting Americans to come save us from McHardy and his merry band of Mc Thiefs.
Vote No deal !