Post by
sylvain_007 on Mar 29, 2021 3:45pm
In preparation for tomorrow, may be a buyout
If CJ share's is rising like that, there some reason but the first is the company. Something more, i do not know but if this company receive an offer from a competitor, you can see 5$ easily.
Comment by
kavern23 on Mar 29, 2021 3:52pm
CJ using it's share price and buying another company using shares is more likely of a scenario then CJ being taken out. The market is still depressed...our share price is a weapon. Companies facing trouble to renew debt facutlies could really use our FCF to pay down debt. Key question is we don't know what size CJ is aimining for...do they want to take this to 30K BOE level...