mr mkt reactioni like to read the flow of this board.....there is hot money from time to time and it gets impatient and then there are the longs , ideally, most of us doubled down when in the 3 handle.
dividends are close to 20-25 per annum from invested capital.....yet, still there is this anticipation of whitecap price racing. The street is not letting this run to the 14-16 prices analysts forecast because they know whitecap is still shopping acquisitions....imho.
whitecap is well run and taking the long road....might have to tell dougie houser look a like to take a hike....in order to build a real company.....
so i think the "opportunistic" acquisition will suddenly appear. IF its a share for share deal....the lower valuations of whitecap grease the deal.
biker