RE:RE:RE:Hey Murray, make it for 12$ a share buddy !MohelJFox wrote:
divime1 wrote: Regardless who CNQ buys it will be good news for Cardinal . It will mean one less junior for investors to choose from and bring seculation on who will be next for a major to take out . Personally I hope it isn't Cardinal at this time .
I get your thinking, but there has to be a price ?
What would make you happy, 15$ or double what you have now invested in Cardinal ?
I could easily pick another company that's been lagging and happily carry on as long as we don't get painted ponied here.
Personally I would hope for a takeout price above $24 cash offer. (I've been wondering what a takeout offer would look like given to us too)
If when we go debt free they could almost triple the dividend/payouts to shareholders, just to keep a similar yield profile the stock price will have to triple also...
We haven't even added a take out premium on top because as of a debt free company we should get a premium because we have very few strings attached...
I'm sure someone here could easily create a fun take out model based on forward looking financials after they come out end of this week...