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Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's... see more

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > your comment about a reverse split is premature
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Post by naga00 on Aug 08, 2016 10:07am

your comment about a reverse split is premature

the company has 6 months to do a reverse if it mean listing on NYSE.firming gas because glut is gone in the US should help Canadian prices , which have been firming and oil will stablilize
Comment by tinman8 on Aug 08, 2016 2:35pm
Absolutely right. The question of delisting is in my view a non issue at this stage. A share price above $1.35 Canadian solves the problem. Once we get past the additional shares created with the share offering I will be surprised if we are not well above that level in less than 6 months for a number of reasons.