RE:back to the 52 week highs thanx to TOU/CR deal....If I had any kind of diasagreement with this statement it be that I think it is WIN/WIN/WIN.
A win for TOU, a win for Crew shareholders and a win for the sector. Everybody is up.
Heck ARX is trading at 52 week highs and it didn't buy or sell anything.
Even TOU isn't doing that. Yet.
I had thought that TOU was the big winner in this deal getting a good price for great assets.
But maybe it's ARX. LOL
GLTA ARX BULLS
downwithdotcom1 wrote: A posting that i wrote over at the CREW bullboard...RE:Mike Rose (TOU's CEO) on BNN talking about Crew-this has implications for ARX's increase in value once ATTACHIE comes into fruition shorty...see below
just watched the video - TOU's successful transaction was the end of a "highly competetive process". Its accreative right from the get go to TOU allowing them to raise their base dividend and once Groundbirch production is included in the math it could be 25% accreative..that tells you just how cheap CR was and why TOU actually traded up on the news..no wonder this is actually being called a WIN/WIN deal...