Post by
onec007 on Feb 06, 2020 7:29am
Suncor just released earnings
IMO now SU earnings released negative results. The one big item with SU release is that capital cost for the West White Rose Project off Newfoundland has risen. So pretty safe to say HSE will follow suit as they are never the leader. So much for reining costs.... This company just needs to be taken private and Peabody simply needs to go
Comment by
oilandgasmick on Feb 06, 2020 9:07am
But if they did go private, how confident would you feel about the minority shareholder's exit price?
Comment by
onec007 on Feb 06, 2020 9:59am
Guess it depends on the price that you paid. In this scenario, I think most retail investors would accept a $15 buyout. I got back in big under $10 and that even looked like a mistake regardless the current price understates it's true value