RE: insider tradesI think some investors have really misjudged the overall strength of the oil patch since this deal was announced as well as the strength of Enterra in particular. ENT is up 30% during the last month which is supposedly the "slow" time of year. HPR is merely along for the ride.
ENT = $30.75
HPR offer = $30.75 X 0.105 = $3.23
I can't wait until HPR gets around to closing the gap!