Athabasca Oil Corp T.ATH

Buyout price Guesses

[ManitobaCanuck]

Any guesses on the takeout price .
1.2$ , 1.5 $ , 1.75$ , 2$ or something like 5$

[Torontohomer1]

My guess is the $1.20 too low and the shareholders would not go for it. Would have to be closer to $2. $5 is way too high and they could just buy the shares on the open market. Even with a run on the shares I doubt it would get that high.  I honestly don't see a buyout coming. I should... but think it would happened already if it was in the works. Could have had the whole company six

[riski]

LOL.  I've seen some good stuff from you, Manitoba, but this really decreases your credibility.  Starting up some buyout rumour/speculation is the sign of a desperate shareholder.  If I were you, I would take 0.78 and get out if that's what you want to do.   A $1.20 buyout (bailout) is not coming.  Deals in the last year have been all share deals at market

[Nothingmatters]

Lol I dont think he had any credibility to start with. Lol

[ManitobaCanuck]

  Lol,not worth my time to reply to someone who doesn't matter

[Nothingmatters]

Just kidding brool

[ManitobaCanuck]

No worries buddy . understand the friendly banter :) . All taken in correct sense ( Smiling) .Take Care and Good luck to all , hope we all achive financial independence and fill our retirement kitty soon.

[Maxmoe]

Wrong on the M&A history, riski. My favourite gas stock, pony, was snapped up for cash. There have been plenty of asset purchases for cash. What's a bit surprising is the lack of M&A activity overall because it's cheaper for most producers to buy companies than it is to buy assets or to drill for assets. I attribute this to the fact acquirers also have very undervalued stock so

[Maxmoe]

Today, you may argue for divide by 2 or divide by 2 twice due to Canada and oil sands. BUT, once wti gets over $60, ATH is not only a cash flow beast, but unlike every traditional oil producer, ATH doesn't need to reinvest its cash flow every year into land acquisition, drilling, etc to maintain its reserve life. ATH has a reserve life that's way beyond any of our investment timelines and

[fellowship]

If it looks and quacks like a duck, then it probably is a duck.

[Lukespapa]

It's a good point, one I feel is often overlooked in this negative-sentiment fueled environment