RE:How likely is BTE to see $1.25 again? My point is...based on the liklihood of many/most of these factors improving , it's *very likely BTE will see a solid $1US by year-end and $1.25-$1.50 into early 2021. Monitor the sp and buy low now while you can. We all know the habit this stock has to double very quickly. Like many stocks, it could easily triple returning to a reasonable share value with the "COVID battering" it took in March.
GotNoPension wrote:
And if it's possible, what metrics/catalysts/market conditions need to occur before the share price will trade over $1 USD again thereby remaining on the NYSE? I'm saying 1) WTI price over $50 2) more OPEC mandated production cuts 3) COVID situation eases and /or vaccine introduced to mitigate the paranoia about traveling and flying and going to work by car again 4) US frakers continue to self-distruct 5) TMX and other pipeline capacity starts to open up 6) a supply shortage sets in after the shuttering of oil wells 7) institutional investors start to move money back into undervalued CDN Oil stocks 8) WCS differential stays narrow...did I miss anything?