RE:RE:RE:HH Spot Price $1.50 range most of Q1 and into Q2downwithdotcom1 wrote:
"I have always thought that CREW would be a logical "MERGER OF EQUALS"....."
Not to bud into your conversation......but......Why in the world would you think that a merger between Crew & Birch is a benefit for either company? Besides the factidon't see ANY real synergies there.....for good reasons.....the eventual combined company would be a bigger cluster F of a mess than what both these individual companies currently are. So aBIG FATno .....a merger between Crew & Birch doesn't make any financial sense or any other sense.
"Another senerio would be ARC using their rather generous current share price making an all stock stock offer at a price CREW management/BOD would consider "friendly" .why?? while these are great assets, what ARC really gets are some huge reserves."
Here again.....what your proposing doesn't make any sense & the odds of that happenig for either company is quite low. Not until the screws get alot tighter for both companies & the pressure build up on them to merge or sell out. Besides, even though Arc is currently looking for a potential acquisition, i doubt very much it has ANY interest in either company.
As far as Crew is concerned, and i did mention this MANY times in the past few years, Arc had many opportunities to acquire Crew cheaply, if there was ANY interest to do so. Why? Because for Crew, Arc is the best fit for its portfolio of assets. But as you well know by now,THAT never materialized. And if Arc did not buy Crew when it was at $1,or at $2 or at $3, it certainly won't pay a grossly overvalued $5 price tag. Besides, Arc is looking for large, diverse production at CHEAP valuations. And neither Birch or Crew fit that bill...........
GLTA