RE:This amounts to a takeover by astraKinda reminds me of the Baytex-Raging River merger, several years back. That deal wasn't kindly received by the market.
I guess we wait and see how things play out tomorrow.
soundandfury wrote: Assumeing astra was the main buyer of the 38 million flow through shares and now 229 million more shares to astra .......that is 267 million shares of sgy owned by astra oil corp.........304 million is 50%........cant see sgy diluteing the flow through shares by 50% only 2 weeks after they got issued........