Equal Energy Ltd EQU

What are the odds of this re-org /buy-out>>>

[bluemoon63]

to enhance shareholder value by Halloween ?  This was supposed to be $5 at least by now per opinions.

Is the "re-org" or sale dead? What's holding things up?

to "Nawar" in your opinion and guess is this really worth $5.00 minimum?, and what is taking so long?

I would have thought Penn West, Pengrowth, or Enerplus would have scooped them up by now at $5 or so.

 

Are there no offers or are they holding out for more? If BOD is smart they should take $5.40 now, and free us up if that is what is " on the table" per "sources". Why the hold up?

[Nawaralsaadi]

Blue, the value is still there for sure, if anything the value has increased since the review was announced in May due to higher NGL and NG prices, strong production performance at the Cardium and the commencement of Mississippian production. It is hard to know exactly what is the hold up, however  it is my expectation that Equal may choose to sell to different parties, and not to one company

[bluemoon63]

Thank you Nawar, lets hope for something by Halloween, trick ot treet ?