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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District... see more

TSX:CJ - Post Discussion

View:
Post by pkrash on Oct 04, 2022 12:09pm

Buyback Filed

CJ bought back 700K shares last week at $6.89!! Huge divi, paying down debt and buybacks. Giddy up!!!
Comment by CJInvestor on Oct 04, 2022 12:25pm
Management has yet to disappoint! Love this company! 61000 shares and counting... thank you all shorts for helping me accumulate these last few weeks. 
Comment by Quintessential1 on Oct 04, 2022 2:26pm
Those shorters also pay your dividend so that CJ does not have to. GLTA Longs
Comment by Stavkot on Oct 04, 2022 4:09pm
That's not how it works. CJ has to pay dividends on all outstanding shares. A shortseller has to cover the dividend, yes, but it is not something that helps CJ.
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