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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 Worth
View:
Post by AllInOnOil on Aug 08, 2023 1:15pm

ATH Worth

Previously people were saying ath is worth one fifth of what MEG is worth. If that's the case ATH is worth $4.80 per share. Does anytime agree with this still?
Comment by MLEWICKIMBA on Aug 08, 2023 1:31pm
100% It will get there with deal closing and this quarters results which should be good. Oil price important of course. My Guess 0.20 cents per share operating profit and 1 time gain of 0.27 cents per share. We should expect 8 to 10 million shares bought in the quarter and debt reduction plus a sizable cash on hand balance.  COULD BE A VARIETY OF OUTCOMES HERE. Q3 also should have higher ...more  
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