Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s): FECCF

Energy Oil & Gas E&P

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in... see more

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Frontera Energy Corp > Taking advantage of what I know now about Tendering Process.

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Post by CrazyTrader on Oct 30, 2024 12:54pm

Taking advantage of what I know now about Tendering Process.

I guess if I was a REAL CRAZY Gambling man, early on I would have went CRAZY buying a whole wack of FEC shares and Tendered them Early. Then immediately sell just about all my shares even the tendered ones.

Then when the company announced the preliminary result of the Tender, I buy back the amount that would have been taken up from my early tender so I have those shares to tender. I would have had a whole week to buyback.

CRAZY CRAZY CRAZY

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Comment by a2bman on Oct 30, 2024 1:35pm

Yea but then your stuck with 96% of what you bought and its down. The math dont work, and everyone runs the numbers. The market is the ultimate leveller

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