Price support from NCIBI can see some very strong pirce support for the shares based on the latest NCIB which allows them to buy 181 MS beween 3/24 amd 3/25 ,10% of float. To date they have bought 33ms @ an ave 48.70 ps which leaves them an astonishing 150 MS left under the NCIB between Aug and March of next year.
To put it in perspective they purchased 15.2 MS in F2023 and 31MS in F2022.
Based on 2023 they have the intention to buy back a mind boggling 6 times more shares than they did in F2023 and 12 times what they bought in F2022.
Add to this the WCS spreads narrowing due to TMX egress makes for a bright future for shareholders or anyone who has expressed interest in an asset purchase in Canada??