Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

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TSX:ATH - Post Discussion

Athabasca Oil Corp > This is a gift again at the open. BUY BUY BUY AT OPEN

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Post by bosstrade on Oct 18, 2021 7:25am

This is a gift again at the open. BUY BUY BUY AT OPEN

Buy any amount you can afford at the open. Any remaining shorts will dump in the first minute

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Comment by Renofund on Oct 18, 2021 8:09am

I can assure you that 4MM shorts wont cover within 1st minute. Stop it

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Comment by bosstrade on Oct 18, 2021 8:28am

4 mill was as of Oct 15. I'm sure alot went out Friday. Share buy back does not have to be reported. Agree it will be a fun ride.

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Comment by Renofund on Oct 18, 2021 8:35am

for the amount you are suggesting? Yes they do. Falls above NCIB.

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Comment by bosstrade on Oct 18, 2021 9:00am

The TSX Company Manual, for example, only permits corporate issuers to purchase, on any trading day during the term of an NCIB, up to the greater of (i) 25 per cent of the average daily trading volume of the securities of that class; and (ii) 1,000 securities per day (the Daily Limitation), subject to the use of the block trade exception which may only be relied upon by an issuer once per calendar ...more

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