Post by
MLEWICKIMBA on Jun 15, 2024 11:19am
Facts -- Shares being redeemed
56m shares redeemed by June 27, 2024.
799m shares by August 31, 2024.
Worse case BTE will sell CAD ASSETS and reduce debts dramatically and become an American producer and then be merged with another American producer at 8 to 10 bucks a share.
The CAD ASSETS WOULD FETCH 1.6BLN to 1.7BLN CAD NEIGHBORHOOD...
ML
Comment by
101Stockhouse on Jun 15, 2024 12:14pm
June CORPORATE PRESENTATION Shares Outstanding (2) 811 million Market Capitalization so hopefully they are taken advantage of the "fire sale" and buying shares and we don't have to wait until August to get in the 700's ( unless you meant June 31st)
Comment by
ManitobaCanuck on Jun 15, 2024 2:44pm
Current NCIB expires June 28th 2024 . In 20 sessions they need no purchase 11mill shares to reach under 800mill by June end . Almost 550k shares per trading session or 55million in buybacks. Lets see .