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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Post by Pjanimalon Nov 10, 2021 11:09pm
414 Views
Post# 34113345

Alberta poised for consolidation (slide 9)

Alberta poised for consolidation (slide 9)

PIPE continues to reference consolidation or potential buyout.  During the Peter's interview they indicated that a major player may have no choice but to buy them out in the future.  I think it was the q&A section.  Now on slide 9 theygighkight again " Alberta Montney poised for consolidation"  fractured ownership...future consolidation...

I don't want them to entertain any buy out but as they are going to have more cash than they know what to do with, but I think that is managements end game.  For that reason, they may just want to buy back as many shares as they can as fast as they can and sell in 2023 after the industry rereates and valuations normalize.  I do t want that to be the case, but I have my gut feeling.

 

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