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Bullboard - Stock Discussion Forum NAL Energy Corporation T.NAE

TSX:NAE - Post Discussion

NAL Energy Corporation > Can NAE even be taken out?
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Post by deckard604 on Oct 12, 2011 4:15pm

Can NAE even be taken out?

Can Manulife block/veto buyouts as there is the NAL Reasource Management LTD that is higher in the structure?

Thanks.


GLTA.

Comment by LoganCopper1 on Oct 12, 2011 6:32pm
Anything can be taken out at the right price. Remember DAY was taken out with management acceptance.Please use caution however...I dont think NAE will be taken out in the near future. I am happy to collect the dividend, ride an increasing production profile, rise with inflation and rising oil prices, and if someone comes along and NAE gets bought out, all the better. The DAY takeout just shows us ...more  
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