RE:I’m OutAt this price, it probably wouldn't hurt to wait for the conversion, as most potential buyers won't want to buy PIPE shares now and have them converted to an odd number of AmalCo shares, just messy.
So we may see a bit of a bump just from that issue being removed.. Until then, pizzed off PIPE shareholders, like you, will continue to sell and pressure the share price. I just don't like selling when so many other are on the same side of the boat.
But no, the "new" Strathcona isn't going to be a big barnburner stock, regardless of the bs spewed in the news releases. And first above all, we need to see some real numbers, which will have to come out in their first quarterly report. I will probably wait until then to make a final decision. And we might even hear about those eastern delineation wells, you know, the ones our own scumbag management refused to tell us about.
Such is life.