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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) > 82 X Gain to $41.00/share BXE Market Cap 2014
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Comment by Khersonon Oct 21, 2019 7:34am
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Post# 30250234

RE:82 X Gain to $41.00/share BXE Market Cap 2014

RE:82 X Gain to $41.00/share BXE Market Cap 2014
RichyRich$ wrote: BXE Market Cap in 2014 was $1.67 Billion. It's now 20.4 Million. If we got back to that market cap in 2014, share price would be $41.00/share. 82 X Gain. Am I counting on that? No. I'll take 10 to 20 X Gain :) Worst case to $5.00/share. Insanely low market cap now. The beauty of comparing the historical market cap is that it factors in the market value regardless of dilution of shares. It factors the bottom line (shares X share price) Time to buy more.


What investors need to realize is that the clown posting this foolish is actually being paid to post. The whole process of BXE entering CCAA Protection is an organized scam.
Do you really believe that after the bidding and CCAA processes are over that there will be any monies left for shareholders?
Kherson

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