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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

Comment by RichyRich$on Apr 22, 2020 4:25pm
136 Views
Post# 30941381

RE:From SEDAR

RE:From SEDARWhat you're reading is wrong. The banks owned 83.5% of common shares as of tha May 2019 recapitalization. There was not that much daily trading volume after that as share prices fell. So they still own majority of the shares. Why to you think majority of the lenders are on the shareholders board of directors. That fund most likely got screwed in the recap in May 2019. They probably own 25% of the 17.5%.
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