GREY:CEQXF - Post by User
Comment by
roscoe74on Sep 06, 2018 10:09am
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Post# 28571425
RE:RE:RE:RE:Re- cap gain on eventual liquidation
RE:RE:RE:RE:Re- cap gain on eventual liquidationJust as idle speculation, mike, fundamentally there is nothing holding CQE back now. The problem is lack of interest in Canadian energy - especially micro caps. Money talks and bs walks so when cash flow rises and sp does not, it makes for a very interesting market dynamic should the greater market stall.
I agree there will be a consolidation eventually and believe that CQE is astute enough to think it through to a positive event that improves shareholder value.
The overallotment is interesting, given that ineligible rights holders have had sufficient time to market their rights plus the fact that Archibald and Crone appear eager acquirers. I hope to receive some but who knows.
Im thinking of stink bidding rights tomorrow but need to confirm if it will make my broker's deadline.