Bonterra Energy Corp T.BNE

$21400.00/flowing boe

[bandit69]

That's about what BNE is trading at at about $21500/flowing boe at 14k boe/d production and 8.35 share price as of this writing.  With deals occurring at an average of $60k/flowing boe for liquids weighted deals it is clearly not performing well.  Others are trading at avg 40k/flowing boe or more.

Second to none alright.

[snowshoedb]

So is there opportunity in the market sentiment toward this stock? Historically the stock traded at valuations better than its peers. Yes they took on too much debt and got hurt when the oil price started moved down. They were slow to cut the dividend and hence did essentially use debt to pay the dividend. Historically they are a great dividend payor, historially return all profits (and more) to

[hawkowl1]

As of August 15th short position almost 600,000.Have been adding at these levels. Shorting a very illiquid security with low share count is dangerous.. I will be ROFLMAO when a take over occurs at minimum double current share price.

[TheRexmember]

I think the insider sales had a disproportionate effect on the price over the past three months. The stock is pretty illiquid for a company trading in the 10 dollar range.  PNE is probably the best comparable in management style if you can ignore the gas weighting. Same founder obviously.