RE:Why Axe cannot reach $100 per share I am not sure if an oil company will buy Acceleware. Oil companies will prefer to work with a neutral partner and not a direct competitor. However, it is possible that the 6 producers of the pathway alliance contribute to a large joint project instead of doing 6 small projects apart from each other (e.g. 100,000 multipad with renewable energy). This initiative would be very well perceived by society in general.
I feel more like a big company like GE with a buyout or SAGD’s installation experts are signing an exclusive license for the gas division to support their growth. Entering royalty for the gas division could finance the growth of the CTI in other sectors of activity. In any case, the future is still bright in the long term for AXE...That’s my opinion!