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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Post by RichyRich$on Jun 20, 2019 10:25pm
140 Views
Post# 29847594

The Bank Lenders Believe BXE is Worth Above $3.22/Share

The Bank Lenders Believe BXE is Worth Above $3.22/ShareI did the math boys. The Bank Lenders that now own 83.5% of all Outstanding Shares, won't make money until the share price passes $3.22. These Lenders that bought the shares are the brightest minds in the financial industry and did a lot of homework on the value of Bellatrix and the future. They were most likely thinking the value is $5.00... a profit on top of their $3.22 buy in. Post consolidation right now... Total Shares Outstanding = 40,863,008. These Lenders that made the deal own 34,120,764 shares out of that. They reduced/forgave $110,000,000 in debt... meaning they expect the new shares they own to be worth more than $110M. Simple math shows they need the BXE share price to pass $3.22 to make a profit. Again... this goes in line with the new Analyst Consensus Price Target of $4.20. These are the brightest minds in the financial industry crunching numbers of value. The news of the consolidation was 3 months ago on March 29. The drop from consolidation stigma is finished after 3 months. Time to buy up now before AECO NG price pounces! Listen to the pros opinions on BXE value... not the Joe Blow people on message boards.
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