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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (Montney). Its core... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Helpful Neighbor
View:
Post by MyHoneyPot on Feb 11, 2021 12:30am

Helpful Neighbor

Perhaps POU could broker a deal for NVA, i am sure there in interest in NVA and having the 40 million shares would help a company in its bid. 

I think if a suitor approach POU and offered them $1.75 for their shares they would give them all to them and take the proceed, 70 million dollars and reduce their debt  by another 10%.

I can't see NVA has much of a future, and with no activity for two quaters, it is not go to be a wornderful looking Q4 report is my guess.

There is only so much you can do with an over weight debt profile, you really can't dress NVA up. 

IMHO
Comment by Oldnagger on Feb 11, 2021 5:30am
Well , no doubt that Pou could make a lot of money selling their shares to an acquirer, I may be wrong but since POU bought them as an investment and not as a control stake them I would presume they would be required to sell them at the same price as any other shareholder. with the recent turn of events such as the ARX/ VII gen merger things will be heating up quickly Also Brookfield is moving in ...more  
Comment by Gassy166 on Feb 11, 2021 9:23am
Hp why didn't you give pou some guidance on there investment in nva, they seemed to think it has great assets and was seriously undervalued. Having management with such poor decision making as pou must be a major concern?
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