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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 > Take Over........
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Post by guelph1 on Apr 07, 2022 3:30pm

Take Over........

Well, As I understand it, if someone wants to buy out or take over ATH, they have 15 days to declare their intent after they have acquired 20% of the oustsanding shares.  If this was Nine Point Energy Fund buying these shares, Eric N. would now have 75 million shares (14% of the float), through agreements they may control many more, just an observation......
Comment by elducky on Apr 07, 2022 3:42pm
How do you figure? He said they were down to 0 not long ago.