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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering operational synergies. It is also focused on growing and developing its Duvernay asset.


TSX:SDE - Post by User

Comment by TouchDown12on Mar 02, 2022 2:05pm
175 Views
Post# 34475899

RE:RE:Russian oligarch

RE:RE:Russian oligarchNot to confuse anyone... so no wrong info intented... but I think there was a 50M loan converted early at 8.50/share in september; which is about 5.9M shares (give or take) that would have to be divested if they weren't already. I guess someone can check inside trader to see if they were sold or not after the September notice. Will the shares trade at par (8.50?). I don't know. But as I write this the price is around 8.50 near the low of the day. Divestment could also mean all the stock options are cancelled and/or immedaitely exercised and then shares sold into the market. Could be fun being a market maker with all this baggage from the past coming at the stock price today. Every stock traded has designated market makers as i understand it. Uneasy time for current Long SDE. DYOD. GLTA TD12
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