RE:RE:SHARE Buyback - Give money to purchaser for a company buyoutCan we count on the rookie CEO and COO to get us a decent deal?
Or is that left up to the rookie CFO?
Anyone have a price in mind?
A favourite takeover candidate?
I like CNQ at 1 for 3 but I can't imagine them offering it or anyone coming close to the $30 per share I think it will be worth this time next year so I am probably going to be disappointed if there is an offer. Even a decent one.
A good ER and forward guidance should get us half way there.
GLTA Longs
Trapped wrote: I don't disagree re a buyout, so long as the price is right.
MyHoneyPot wrote:
I would not be surprized to see a takeout of ARX resources.
The more capital they put into buy shares back, the better it makes ARX look for a takeout.
I think companies are sitting on the sidelines, and if they had ARC kakwa assets and plant facilities, were fully utilized.
With so much 1/2 cycle opportunity, not being exploited, so many gas plants not Full, and with a management team run by accountants, if they became a real energy company that would be great for the shareholders.
I am 100% in favour of a takeout, we have rookie CEO and COO and it is very obvious.
IMHO