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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of approximately 224 net sections (143,360 net acres) of liquids rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley. It also holds 163 net sections of Charlie Lake.


TSX:AAV - Post by User

Comment by Cheadle12on Feb 26, 2021 2:01pm
103 Views
Post# 32672668

RE:RE:RE:RE:RE:RE:RE:Where are the results?

RE:RE:RE:RE:RE:RE:RE:Where are the results?No share buybacks, no dividends.. and no share price appreciation.  They sold an asset for $100M but only paid off $50M in debt.

Advantage is NOT returning capital back to shareholders.  

Probably needs to be sold into bigger hands, 30% premium and move on.

..or.. IR here can provide the 'how' they plan to return capital back to shareholders.  

therealDonald wrote:

 

the market is always right long term, if they don't get the share price to reflect proper value, or similar value relative to their peers, I believe they won't be around long enough to pay a dividend.


 

Wildcattter wrote: maybe explain why you think maybe the midcap thing is broken?

KEL sold assets not too long ago, they manage to sell more than once.. serial sellers  and you see vii merged out... a premuim too.  others like pey, bir, aav, kel, nva... they all plug along... so, what is broken?  maybe you just don't understand it.  hell yeah, a good place to play... not broken at all

 

 



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