GREY:BNKPF - Post by User
Comment by
BrokerGon Mar 14, 2019 2:00pm
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Post# 29486633
RE:Situational analysis
RE:Situational analysisSell side is filling out again today. Not good. The black out period could be because of upcoming earnings release.
Exxon has been rumored to take over BNK for the past 10 years. They need to see more production and field legitimicay before they take that step.
I like you optmism, woolco, but unless you have inside information we have all been down this road before. Furthermore, a take out at this time, is not in the best interest of long time shareholders. Given our current share price we are looking at sub ,50 cent takeover.