RE:Huge Activity Today -are Shell or CNQ buying? Way too small volume for either Shell or CNQ to be bothered. I am sure that if or when they want Crew they will just come out and say it. On the other hand they could use a proxy holder investor group to acquire say 20% of Crew prior to them making a public offer. I am suspicious tht this is what was done in the case of Painted Pony. And maybe now in the case of Cardinal energy.( none other than NME himself)
Actually I believe that until share prices are much higher that Crew is better as it is.