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I would like to share my view as i have read yours.
my view is we are all here to make gains and our recoup losses. if that is the goal here we are thinking to much about the future and details of the deal and not about the DEAL for the stocks, if you dont like spyglass think about the deal and where you are without it. I think we should look at how the merger effected stock prices of all 3 companies. pce stand alone price is 2.70 - 2.90 a share, avf around 3.00 chx .30. we can see the merger announcement pce a boost up to 3.40. which is what pce said. 'we got a premium. avf dropped beacuse of the announcement of elbow river for 80m putting avf 2.60 based on merge. now how we got to this point. nova corp started bashing and collecting investers to vote against. stocks have plummeted beacuse the market priced in a failed deal and stand alone companies again. pce back to 2.70-2.80 chx to .30 . avf is priced in at 2.30 beacuse as a standalone thats where we are at without elbow river. for people saying avf should drill i dont think i want to start all over at 2.30 and work up when we can merge or buy and save time. for nova corp i dont blame them IF they either know of better offer out ther for pace better than 3.40 - 4.00 a share or just want to weigh the option over the next month but turning 3.40 - 4 down and be left with 2.70 - 2.80 is not smart it will be a long way up. for avf if we can find a better deal then great 3 - 4 per share but if there is no better deal then why start over and vote this down. i think nova corp went to much into details. remember if you dont like spyglass you can always merge then sell for a gain and pick a new corp. I think what was being said by pace was all true and was a good deal for all parties. pce chx need capx and avf needs some production. and we all collect divis to recoup or sell and pick another corp.
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