RE:RE:RE:RE:I never average up on a stock butWrite a letter to the CPP and the TSE.
The proposed deal has zero proposed metrics comparing reserves.
The proposed deal fails to recognized current commodity prices.
The proposed deal fails to recognize the cash generation with just hedging for the year.
The proposed deal does not recognize that VII generations can likely produce twice the cash flow that arc could produce.
VII generation should simply do this.
- Announce a 48 cent anual dividend
- Put all the rest of free cashflow to debt reduction
- stick to a 650 million budget.
- Hedge what ever they can at 60+ U.S.
Vote No VII generations is getting its share price reduced by doing this deal.
IMHO