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Bullboard - Stock Discussion Forum
Angle Energy Inc
ANGZF
Energy
Oil & Gas E&P
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Bullboard (GREY:ANGZF)
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(1)
•••
SilentRiver
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Comment by
SilentRiver
on Dec 24, 2013 5:05am
RE:Great News Coming Down The Pipe!
MALWARE!!! DO NOT OPEN!!! tHESE GUYS SPREADING IT ALL OVE STOCKHOUSE
(1)
•••
uwinsome
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Post by
uwinsome
on Nov 24, 2013 9:42am
NGL Shareholder Deadlines
I just got off the phone with my online broker. If the deal is voted on and approved, Angle shareholders will have two options. A - is that Angle shareholders will receive all of their shares in
...more
(0)
•••
nuveux13
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Post by
nuveux13
on Oct 16, 2013 9:53am
BXE-NGL Acquisition Vallue
BXE will only pay $69.7 million cash to NGL's 81M outstanding shares, thus each shareholder will only receive 69.7/(3.85*81) = 22% cash and 78% BXE stock. BXE stock trading at $8,
...more
(17)
•••
gilllis
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Post by
gilllis
on Oct 16, 2013 8:59am
M&A in Cdn O&G sector is restarting
we will se many more in in next 6 to 9 months. Investors are expecting Keystone to be approved, time is nearing. Foreign investors are coming back (Petronas recent announcement and one at
...more
(17)
•••
gilllis
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Post by
gilllis
on Oct 16, 2013 8:40am
High debt level
NGL is not the only company that indebted itself too much. Think of CLL, PRY, RPL, LTS, BTE, ARN to name only a few. They did it to grow in a specific context where Cdn oil was much in demand
...more
(12)
•••
Maggs
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Post by
Maggs
on Oct 15, 2013 9:14pm
Management killed this company with debt...
They made very bad decisions by inundating the company with debt. Could never figure out why they were doiing that but it clearly destroyed the company. It seems to me that the buyout price is a
...more
(1)
•••
uwinsome
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Comment by
uwinsome
on Oct 15, 2013 7:51pm
RE:can you confirm this?
That's the way I read it as well. But I wanted to make sure, so thanks.
(17)
•••
gilllis
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Post by
gilllis
on Oct 15, 2013 7:47pm
can you confirm this?
the answer is in the press release. The ratio will be the same unless the offer is changed for an unexpected reasons. But if you opt for the shares, the final value of each NGL share is subject to the
...more
(1)
•••
uwinsome
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Post by
uwinsome
on Oct 15, 2013 5:10pm
Can Anybody Confirm This??
NGL Shareholders will receive 0.4734 % of a Bellatrix common share. But does that mean that is the exchange ratio today and also when it closes? Or will it change if the BXE share price also
...more
(17)
•••
gilllis
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Post by
gilllis
on Oct 15, 2013 4:33pm
NGL bought by BXE
the cash offer of 3.85$ is based on a BXE price of 8$ (the set price for the nex equity financing announced today). But the offer gives a choice between cash and shares of BXE and on the long run
...more
(1)
•••
uwinsome
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Post by
uwinsome
on Oct 15, 2013 4:27pm
Not A Bad Deal For NGL Shareholders
On the surface, NGL shareholders are only receiving about $3.85 cash if they choose to. It also looks like shareholders can opt to recieve their position in BXE shares. BXE is a very strong company
...more
(100)
•••
pennydredful
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Post by
pennydredful
on Oct 15, 2013 4:21pm
They raised capital since inception
at an average of about 4.46 per share , paid no dividends , so
...more
(17)
•••
gilllis
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Post by
gilllis
on Oct 15, 2013 4:10pm
Take over of Angle by Bellatrix
it is finally happening. Not as good as l would have liked but still good.
(17)
•••
gilllis
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Post by
gilllis
on Oct 15, 2013 3:37pm
if it is a takeover
there price will not be that great. There was an downward pressure on the stock before the halt.
(100)
•••
pennydredful
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Post by
pennydredful
on Oct 15, 2013 3:26pm
Halted
takeover by Bellatrix
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