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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 > Good luck shorts - rerating coming - takeover?
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Post by MLEWICKIMBA on Aug 22, 2022 11:12pm

Good luck shorts - rerating coming - takeover?

Given the tax pools Ath is probably a takeover target in the next two months. The shares 3.75 in 6 weeks and 4.25 dollar per share takeover likeky. 1 year anniversary of $350M debt issue is on October 15, 2022. My guess 175M debt reduction target met that day.
Comment by dandu1924 on Aug 23, 2022 9:26am
With a takeover, from my experience the price can be over $5 because maybe 2, 3 or 4 other companies will be interested and the first offer can make an one-upmanship.
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