SDX ENERGY INC SDRYF

What Does It All Mean?

[williewoozle]

Howdy, could somebody please explain the implications of such on share price? Thanks!

[tombul]

It means DILUTION,DILUTION,DILUTION. All investors should be ready to see the stock diluted from 200 Million Shares to 1 Billion Shares.  Stock Price will be around $0.25 a share. 

[williewoozle]

SH-T, I was thinking that the "D" work was going to be used here...So, my average SP was 1.10 and I don't need to do the math. But, long term what can be the outcome? 

[CoreyB]

Going to have to get money from somewhere, if they are looking at purchasing the entire package which is reportedly worth $500 million...our market cap is $196 million...this could go either way, honestly.  Pray for upward explosion, but if there is a massive cash raise which dilutes the hell out of us...

[up2005]

Since I have owned SDX for a very long time and am underwater, my black heart says this will not end well for me (us). I swear the investment gods play with my portfolio to humour themselves. I hope for a good outcome but my gut says otherwise. This is a massive acquisition for a company the size of SDX.

[CoreyB]

i hear that, only a recent addition to my portfolio so am up a hair currently, hoping for the best outcome but expecting massive dilution.  Long run if oil maintains or grows price we should be pretty satisfied, short term will appear painful.  If we make this ginormous purchase the expectation is production should also take leaps upwards, along with earnings.

[Gladstone22]

Wondering if this will be onshore or offshore assets .

[U30LATE]

I would have rather seen them grow through the drillbit. I really like the Moroccan assets and what they are doing there. I guess we will have to wait and see.

[Sunset48]

I could be wrong here but this is far from being a done deal.   I personally think it's not going to happen. Hope we find out soon. Good luck to all Sunset