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Bullboard - Stock Discussion Forum Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The... see more

TSX:BNE - Post Discussion

Bonterra Energy Corp > Main Reason I own
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Post by SadieLadyCO on Nov 10, 2022 12:30am

Main Reason I own

this puppy because of the limted number of shares outstanding. I wish now I had sold at $9.30 and bought back but, I didnt. SO SO...I am certain that we should be back up to the $10.00 level again soon as long as the OIL price continues to its $100 level. Also I bought into PKI its a real steal at current price...WOW
Comment by churchofnutsacc on Nov 10, 2022 1:00pm
Think of it this way, the buyback party is going to stop in 2024 and then shift to divvies. Bonterra, with such a small float, will not have to spend money on buying back a single share. The dividends will start in 2024. If people can't wait 18 months to get paid should probably go to the casino to play some slots instead.
Comment by bandit69 on Nov 10, 2022 4:01pm
1. If BNE doesn't start to pay dividends before 2024 then the whole thing needs to be wiped clean and 100% new management/board needs to be brought in.  That would be ridiculous. 2. You don't think the fed's will tinker with dividend tax credits after adding a new buyback tax?  do you honestly think they will not see the headlines "oil and gas companies paying huge ...more  
Comment by sclarda on Nov 10, 2022 8:59pm
churchofnutsacc wrote Think of it this way, the buyback party is going to stop in 2024 and then shift to divvies. Bonterra, with such a small float, will not have to spend money on buying back a single share. The dividends will start in 2024. If people can't wait 18 months to get paid should probably go to the casino to play some slots instead. -------------------------------------------- ...more  
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