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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

TSX:ATH - Post Discussion

Athabasca Oil Corp > Ninepoint the largest shareholder?
View:
Post by MaximusGainus on Jan 08, 2022 2:08pm

Ninepoint the largest shareholder?

At 50,000,000 shares, Ninepoint appears to be the largest shareholder according to Morningstar, if data is current:

https://www.morningstar.com/stocks/pinx/athof/ownership
Comment by DBNORTH on Jan 08, 2022 2:23pm
Bought with Eric at .20 then sold in June at 90.   Got stupid in Aug and didn't buy back.  Recent purchase at ~1.20 has been disappointing.  Looks like Eric upped his in the last Q so waiting for a launch -  really should have moved, after all, my SGY purchase launched and we all know how much Eric hates SGY.  
Comment by cahclick on Jan 08, 2022 3:20pm
  I don't think we ever heard who bought the other half of Equinor position. Ninepoint bought 50%. glta  
Comment by MaximusGainus on Jan 08, 2022 3:53pm
Yes. Curious that there is no other second large position listed, similar in size to Ninepoint's position. This leads me to believe that the other half must have been bought, then gradually sold off into the market already, profits booked.  There is no other significant shareholder for us to worry about now. That means no more hidden shoes to drop to me. Good news.
Comment by cahclick on Jan 08, 2022 5:52pm
  Yes, this is one of the things I like about ATH. Lots of daily volume allows one to enter or exit easily. Looking forward to the day I hit the exit button and achieve MaximusGainus. glta
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