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Bullboard - Stock Discussion Forum
Kolibri Global Energy Inc
BNKPF
Energy
Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.
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GREY:BNKPF - Post Discussion
Kolibri Global Energy Inc
> Anonymous
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•••
himmler
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Post by
himmler
on May 16, 2019 3:37pm
Anonymous
I wish I knew who anonymous is.Its been on the sell side for months.Many cross trades anon to anon as well.Tough to figure out.
(144)
•••
BrokerG
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Comment by
BrokerG
on May 16, 2019 3:59pm
Not sure if you remember but broker -Anonymous- purchased 2 million shares from Capital Investments, when Capital was selling their entire position in BNK, three or four months ago. As the market maker, they are probably selling off those 2 million shares. The other possibility is our last substantial institutional investor[ Harrington] is selling. That would be dramatic since they own 17.5% of
...more
(144)
•••
BrokerG
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Comment by
BrokerG
on May 17, 2019 12:48pm
So much for taking this stock down gradually. I guess someone had enough. I do not blame them we have not heard of a drilling plan from the company and the last news release indicated there were confidentiality agreements signed. Who knows what that means?. More likely you may have had a few firms kicking the tires and seeing if they should just wait until BNK goes under or give them a few bucks.
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(7)
•••
wittmann
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Comment by
wittmann
on May 17, 2019 1:50pm
You pretty well covered it Broker.Two things to add....we have @ quarter million outstanding shares....that's a problem.Another problem is all my oil stocks are taking a beating the last while.Seems like someone is dumping at a time when most oilco's are out of favour despite very high oil prices.Strange markets. I don't think findings a problem for BKX,but who knows.They're
...more
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