Bellatrix Exploration Ltd (Canada) BXEFF

Reverse split is coming..

[deepblue]

..lookout!

[sonofabach]

What's your thesis on this? I think you are 100% wrong but can't argue without knowing why you think this?

[deepblue]

Tick tick...tick tock...

[rad10]

Thesis is that history tends to repeat itself.  NYSE rules regarding minimum shareprice etc.  Still don't understand why they are maintaining a dual listing. The last reverse split worked out so well..............  Still sore from that one. Long debentures.

[deepblue]

me predict 10 for 1.

[Just1Question]

I respectfully disagree deep blue - I think there is no real benefit to NY listing at this time - I’m curious though why you think they would go to the trouble of a reverse split at this point I. The game 

[RichyRich$]

J1Q... I 100% Agree With You. Its actually a benefit to let the NYSE go. It will eliminate the Wall Street Manipulation. TSX investors will respect Canadian Oil n Gas companies more. I remember holding Silvercorp back in 2015 before the sector rebound and it was the same situation. They let go of their NYSE symbol and it went on to rally 10 X gain in within 6 months. I chickened out and sold after

[stockstarker]

They already did a reverse split and how  did that work for them? Just before they did the reverse slit it was trading for $1 pre split or $5 post spli. Other oil gas companies who did not do a reverse split did much much better. Pengrowth,  Obsidian and many more.

[darb]

They did the consolidation when two NY funds had large holdings in the company. Now that they have liquidated there should be no need for the NYSE listing requirement.