RE:RE:RE:RE:RE:RE:RE:Whitecap-XTC purchase These companies are now making so much money that they will soon have no debt
After that they either buy or get bought
If you are a CEO who wants to keep his job, you think about buying
If you are a CEO who has other things to do, you think about selling
WCP decided to use their free cash to buy, rather than return it to shareholders - no big dividend for them
Time will tell what Lukas does with OBE
I was thinking OBE would use a large dividend to raise its share price. Then use its paper to purchase others
Now I'm leaning towards OBE being bought by someone else
Presently foreign investors are reluctant to invest in Canada because of Trudeau. Trudeau is apparently being pressured by Europe to increase production. That pressure will increase as the energy crisis develops.
Imagine how quickly the foreign investment situation would change if Pierre becomes PM. Seems like a strong probability of that happening