Eaglewood Energy Inc EWDYF

>38 cents, well.....hopefully this will start the bidding.

[1111111]

Hopefully too the word gets out there in PNG that EWD has an offer and takes us out at a higher price.

[jjdmm]

This is truly pathetic.  Other than collecting attractive salaries, I am not really sure what management has been up to.  They practically paid Ketu Petroleum to farm in to PPL 259 with the surrender of 20% of Stanley unitization ownership.  Farm ins negotiated by Eaglewood were always at discounts to what others were able to negotiate in the same area.  And now with supposedly

[TheIceMan3]

Lets hope you are right but I have a very bad feeling this isn't gonna get much better for us.  The .38 is an absolute joke and EWD management should be ashamed of themselves. 

[CurlyMick]

So we know that the few of us posting here will vote against accepting the offer. All we need now is another 35million shares against.

[TheIceMan3]

Voting against it will do nothing, the company has thrown in the towel.  Only possible good is some other companies come in with a higher bid.  In any event, some company is getting one hell of a deal. Ice

[snakeeyes18]

My entry price was mid 40's with the word that a buy out was very soon. I hung on and then was told price of buyout at about 74 Cents . I hung on and then the price would be 45 to 47 and then maybe a liuttle lower than that. Now it all but seems that mgt has truely made some sort of deal with the bidder and I bet you one thing  if you check the fine print somewhere burried will be a

[sellthefarm]

Mgmt has little to gain in the form of existing options as the last grant was June 2013 and the price was around $0.34 and grants prior thereto would not have been much better.  However, the CEO has 4m performance units at a cost of $0.  In a sale all options and performance units will vest so he'll get about $1.5m pre-tax from the performance units (assuming the performance units

[TheIceMan3]

You sound like an absolute whiner....buy GIC's and hit the road! Ice

[1111111]

Ta you got that right, should buy GIC's and stay away from criminals