Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Why doesn't Rob Broen ever add shares?
View:
Post by EstevanOutsider on Apr 12, 2022 11:13pm

Why doesn't Rob Broen ever add shares?

Have been following this pos since 2017 and can only note two buys: the CFO's small purchase after promo and the new director John Festival. Nothing from anybody else. It makes sense to me because I have a neg view of the company but just wondering why you boys excuse such a poor management team???

They've been mocking shareholders since the midstream sale. Baited in retail investors telling them a buyback was coming only to almost default on the maturity. Now paying terrible debt without a credit facility. Tough to see shareholder value here but I would love to see some thoughts. 

Cheers
Comment by Maxmoe on Apr 13, 2022 4:55am
Why do people make such idiotic posts? Let's start with you don't own the stock and completely missed the epic return from 11 cents to a recent high of 2.50ish. I'd bet my 2000% plus return you posted the same "questions" 2 years ago and are right some pizzed off you missed out. Oh, look what I found. And to think March 17, the day you posted this, was the evening of, oe ...more  
Comment by EstevanOutsider on Apr 13, 2022 7:54am
Bagholder stock. Just asking you guys. Tired of hearing about this. It is a fair question.
Comment by masfortuna on Apr 13, 2022 8:35am
Because I am up about 300% .  How about you? Are you up 300% too?  Didn't think so and that's why you have a negative view of the company.  Is that simplistic enough for you? Mas
Comment by filefish on Apr 13, 2022 9:28am
Estevan, it looks like Broen owns 2.2 mil shares + another 4 mil shares of options and RSU's. I would say that this is a fairly substantial stake. The Company is in a completely different situation than it was 6 months ago. As bad as the debt interest rate is,  this debt  (net debt, at least) will mostly be extinguished  by the end of the year. Without debt concerns, new ...more  
Comment by ComradeKomissar on Apr 13, 2022 10:36am
See the breakdown of CEO/CFO interest below
Comment by cahclick on Apr 13, 2022 9:43am
  I think the current market is more focused on what management does with the flood of fcf. Directors buying stock is probably #55 on my list of important criteria but to each his own. Bringing up the refi just confirms you are negative on this stock. Getting the refi done allowed ATH to move on and they have. ATH has performed incredibly well since beginning of last year and is up ...more  
Comment by Maxmoe on Apr 13, 2022 10:40am
How politely put by you and fish. Admirable trait I just can't achieve. Nice job lads.  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities