RE:Question? I think, Gold Creek and Montney in general attracted a lot of investors. These investors are least interested in gassy Deep Basin and have either sold at about $14 or took the $9.50 dividend, Logan and then sold. Others who stayed, myself included, hoped for some kind of cash distribution and eventual sell.
The move into Duvernay was a surprise transition to a long term growth which will tie up the little available free cash plus the uncertainty about that new play. Despite the bargain price, there are simply few buyers willing to buy and hold. I bought more last week at $3.18 and will probably buy more.