Bonterra Energy Corp T.BNE

WTF...look at 3.60 sell order...

[kavern23]

Wow look at the size of this one sell order...637900 shares for sale at 3.60...why is this person selling?  And who will buy this? yikes..

3.600

637900

[Tim14235]

Nobody will buy it lol.   Maybe Fink will?  Probably not, he has not bought since the saga was over.  I think that shows it was more about blocking the deal then actually wanting to own more shares Much cheaper names out there.  BNE is fully priced and then some.   I am sure this shareholder was on the tender list.  Too bad for him that the board failed to

[kavern23]

The poster oilypants needs to phone George and let him know lol about the huge block for sale... It could point to a private placement coming...that is my guess number 1. I mean why would anyone selling that block size not use a different selling method like not showing the order publicly....or just market selling bits whenever over 3.60... Surge Energy did a flow throw share issue yesterday....

[Tim14235]

Seller probably has motive because like you said, with daily volume, no sane seller would do this.    equity offerings seem to be thawing out.  Would be masterful of Fink to execute anywhere near this price as I feel it is fully valued. I would think a new equity investor would want a new story though.  investing big money in its current state with 80 year old Fink seems

[baranja]

Probaly OBE related. Keeping it at 2:1

[kavern23]

I agree...I suspect BNE couldnt do a PP at 3 bucks of any time of size... Still a tough overall market for juniors in Canada. I still think OBE and BNE eventually merge. OBE needs to get rid of peace river and the viking assets before they can take another run. And it will take a hot market to unload both. Peace River is sellable with better oil but the legacy assets in some cases are probably

[kavern23]

This post has been removed in accordance with Community Policy

[GunnerG]

Timmy, you are no longer required here, the deal you were pumping fell through.  Move along, stop whining, it will be better for your health.