RE:RE:Spit roasting Umm, this absolutely cannot happen and I doubt they can acquire much more. They are an investment copmany with a TOTAL market cap of $158M. Trican has a market cap of $377M. Just do the math. They likely have diversification policies that limit the amount they can invest in any single investment. If they have 10% in Trican, that is roughly 25% of their capital. In terms of Clarke's ability to invest, they are probably as "all in" as they can get. Clarke isn't a bottomless pit of money like Berkshire Hathaway. They are small potatoes.
The bigger question is why would having Clarke, or anyone else, buy out Trican now be good anyway? Arbitrage is usually ~30% premium to the going share price. I don't see why there would be a bidding war in the western Canadian oil space right now so that premium is way generous. Considering we were north of $1.70 about a week ago I figured somebody like ForesstGump would have sold, taken the money, and ran all the way back to Greensboro Alabama. I say have fun just trading the volatility while waiting for the overall oil rebound. Have a good one man!