GREY:BXEFF - Post by User
Post by
RichyRich$on Jun 20, 2019 10:25pm
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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.