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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 Fyordianon Mar 07, 2022 10:25am
161 Views
Post# 34490222

RE:RE:Makarov Allegations

RE:RE:Makarov AllegationsHe converted to 19.9% ownership, anything more would have required a formal takeover bid circular and would not be advised due to the oversight/diffculties it would bring.

Common sense also tells us, we don't know his personal finances and there's a very good chance he did a lot more than acquire $50M of equity in anticipation of this event. All we know are his public insider filings for SDE.

Call me crazy, but the guy is a lot smarter than you give him credit for and even better at avoiding a papertrail.

One things for certain, he took a paycut exercising early, and if it was really just purely a capital appreciation play, he would have held the convertible debt till March 2023.
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