RE:RE:ok Nutall owns 9.9% of the company as per his comments on market call (april 30 appearance):
Gear Energy is a deeply discounted small cap oil stock that is well-run, shareholder friendly, and potentially debt free by next year. With 20 years of “stay flat” inventory, Gear Energy will free cashflow its entire market cap every three years at $65WTI, meaning they could privatize themselves over six times before depleting their drilling prospects. With a current EV/CF trading multiple of 1.8X at $65WTI using a target multiple of 4x we see more than a potential double in the share price. We own 9.9 per cent of the company. https://www.bnnbloomberg.ca/eric-nuttall-s-top-picks-april-30-2021-1.1597554 Once again, just like his ATH stake, he deliberately owns less than 10% of the company, so as not to have to file as an insider.
Backinblack1000 wrote: Have not heard anyone say yet...but this venture into smaller stocks for Eric is abit different than his past purchases, based on the impact on the business....imo....and i am sure he is well aware of it....so his ownership....is bullish...imo....good gains on a otherwise mixed up friday...glta
swale13 wrote: management owns 11% and Eric has 10 %, your source(?)
its not BNE with 30 million shares but that tightens things up
Institutional owner ship is .. not really here yet
can you miss the boat and still be early ?