RE:Something is Brewing BTE is not fit for a take over, its assets are too diversified for acquisition. The SP uptrend is slow due to debt level, it will pop up in the medium to long term, just hope oil holds by then because at current oil price BTE should have been $10 +
IndianSparrow wrote: As per one of my previous posts, BTE is being held below $7.00 and this has been happening for a while now. This is unsusual when you compare this to other O&G stocks. I have a very strong suspicion that this is being held here for a possible buyout offer coming. Now, who are the other big players that might be eyeing BTE at this ridiculously low PE multiples.