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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 > ATH will be debt free within 2-3 months?
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Post by DukesMtl on Aug 12, 2022 3:45pm

ATH will be debt free within 2-3 months?

Is that what heard Nuttal say? How much will the Dividend be? What would happen with the SP should they be bought out?
Comment by Maxmoe on Aug 12, 2022 4:06pm
Just a reminder "By the time ATH begins paying a Div, the SP will be north of 10.00 " so said a very smart guy! So who cares what the divy will be some day and who cares about a bid if it's going to $10 without one?
Comment by ManitobaCanuck on Aug 13, 2022 11:22pm
I am sure BuddyBoy Maxmoe , they will pay a dividend more than your purchase price of 12 cents , LOL 
Comment by Maxmoe on Aug 14, 2022 5:11am
LOL, it wasn't me that said that quote I highlighted. It was the SAME GUY that asked "how much will the dividend be and what will happen ......". People crack me up. I was being facetious, aka a smartarse.
Comment by Maxmoe on Aug 14, 2022 6:09am
I'd rather they keep paying debt down to zero, tell the banks GFY, then start buying back stock. More than just the 10% NCIB. Buy another 10% to start and tell the shorts GFY. Now if they happen to pay a little dividend I guess that's okay unless I blow it on something other than just buying more ATH. Hookers and blow maybe. Or a few more acres near my cabin. Oh, and I only paid 11, not 12 ...more  
Comment by bigstar10 on Aug 14, 2022 1:05pm
Oh Maxmut real class! Too bad you don't a life to spend the $$
Comment by ManitobaCanuck on Aug 14, 2022 3:35pm
  How about a Tender offer  rather than a buyback at a 20% premium to current price  ,leads to instant obliteration of SHORTs ....
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