Athabasca Oil Corp T.ATH

Too bad ATH continues to trade ....

[Todamoon18]

At such low levels.At this point you just know M&A is imminent and it would be shame to see this taken out under $2!
The sector remains insanely underowned and undervalued.

[CandyC]

M&A should come soon. Lots of talk according to Arc financial ceo. I would suspect Athabasca and Gear are prime candidate's 

[Backinblack1000]

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[ComradeKomissar]

Ditto for me.

[Maxmoe]

There is probably not one company that is not vulnerable to a takeover or interested in a merger of equals etc. but as iceman astutely pointed out there is NO capital available to finance a trickle never mind a flood of activity.

[AllInOnOil]

How would it work if it happens? Would ATH turn into shares of the bigger company or would we get paid out based on how many shares we own?

[Chris007]

Most mergers these days in the Canadian energy sector seem to be done via share swap...so your ATH shares would be swapped for shares in the acquiring company at a pre-determined ratio

[ManitobaCanuck]

Agree ,its better taxwise to have a shareswap than a full payout . But the ratio would have to be sweeeeeeet

[AllInOnOil]

Thank you for the responses. 

[OilManiac]

These companies will use their newly invigorated stock as currency and there's plenty of stock out there. Being a small cap Canadian company in energy is way too risky so its doubful there will be any by this time next year.  Buyouts make sense now