RE:RE:RE:RE:RE:RE:Where's riskiDo you have access to the numbers? i.e. how many shares Peters have accumulated, net buying and selling, since say, the deal was announced? Thanks in advance.
riski wrote: Yes, I saw that too. Peters hasn't been in on BTE since the early 2010s. BTE was definitely not on their pick list of recommendations. Peters is a very shrewd investment bank with unparallelled knowledge in Canadian oil and gas. So to see them hitting the ask is a very bullish sign.
I suspect they were more than a little angry in getting snubbed in the $3.4 million dollar financing deal that probably brought over $50 million dollars to each bank in the syndicate. It's hard to see your buddies across the river getting the action especially when multibillion dollar deals have been very rare over the past 15 years. They probably liked their chances better with LeFehr because they knew him better but don't know the American Eric as well, I'm sure.
So for them to set aside that anger and still hit the buy signal on great value is a good sign for BTE. It's only a matter of time until the weakness washes out.
Insane value. Get it while you can.
dandu1924 wrote: Anyway, this is good to clean up the BTE shareholders, the weak and little shareholders must go away and keep the real investors, for example today, Peters broker ( institutional client ) still buying and accumulated BTE stock, so this is good to have the big holders back again, to compare with the little cheap pennies flippers, this clean up must continue and this is for the best of the serious BTE shareholders.
Now about Greager, during 2018-2022 he was in the management of Civitas, and the share price has double price, so just about BTE price double is $11.00. not bad at all.