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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
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

Bellatrix Exploration Ltd (Canada) > $700 million in Equity?
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Comment by YodaLayhehooon Oct 03, 2019 6:30pm
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Post# 30194142

RE:RE:RE:RE:RE:RE:$700 million in Equity?

RE:RE:RE:RE:RE:RE:$700 million in Equity?
It's pretty clear no one has a clue what will happen here. I'm an in looker just for educational sake. It's going to be a tough sale with the bankers gun to your head. Someone comes in an low balls them for sure. What role did the 12 for 1 split have in this? What was the point of that? With the company only valued at 15 million, if they can't pull 15 million out of this company for their shareholders they are corrupt s. Looks like the management made a deal to extend their cushy jobs and large salaries that they had switched to cash and not shares last year for the first time. That tells me they saw this coming the moment compensation switched to cash. I don't wish for anyone to lose their shirt on this thing so hopefully they can pull some money out of this shite show for you all.
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