RE:RE:RE:RE:Reply to Seppelt By full value I mean prices paid in 2022 which are a lot higher than in 2020 and 2021. For instance, Whitecap buying XTO or TVE buying a private company in Clearwater. May still be good deals based on current oil prices and in the long run but I wouldn't bet on SDE going after PIpe and paying a huge premium to market prices. Riverstone and GMT recently added a large amount of common shares at 85 cents and everyone is posting here about a takeover "tomorrow" at $6 or higher. Definitely not SDE, not these two guys, the Chairman and CEO, if you look at their past deals.
The fact that PIPE is trading close to 52 weeks low is a reaction to Q3 but shares can easily recover from here given some time and strong oil and gas prices. The co is not ready for a takeover, needs a few good quarters showing the management can stick to its guidance, execute and no more negative surprises.