Obsidian Energy Ltd T.OBE

ANy news/.rumour for the HALT?

[tvstock]

If anyone hear any rumors/news about the OBE halt , PLEASE UPDATE. Thanks. My speculation is it will be taken out,(by CPG or WCP)? Too deep a discount.

[Hendrick3]

Refinancing would be my guess or Peace River sale. 

[Hendrick3]

Not a takeover by any of the regulars as they are all trading still

[Mickey2]

afternoon halt..sounds like a re-financing..i think you are correct.

[tvstock]

Refinancing  by issuing new stocks will be foolish at this dirt cheap price. (it should be at least above $10) IMO . Also take over by a cheap stock to cheap stock swap is not a big deal for the others.

[kavern23]

I agree with you... interesting right before close to halt

[kavern23]

Never know...it could be buying Entrada....they make so much sense from a strategic point of view if valuation is right. I mean Stephen Contract goes long enough now to integrate an acquisation....

[kavern23]

So much work to do this afternoon and for f*cksakes lol I have to keep checking now for the news...

[SchoolNmoe42]

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[kavern23]

Nobody else is halted so a private company buy out is best bet if not a refinancing.

[kavern23]

What a refinancing lead to a halt? I straight debt faculty renewal I don't think so. Maybe if debentures it would be halted. Refinancing doesnt even really make sense for a halt more think on it. My fingers are crossed for Entrada. Didn't want to see IPO or BNE get them.

[JohnJBond]

Interesting to Halt like this just 30 min before the end of the day. Something postive was leaking out and supporting the share action yesterday and today.    It is positive movement, but on thin volume, so whatever the rumor was not wide spread. This is the second unusual even over the last few days. Last Wednesday (Oct 27) they came out with an usual News Release, which

[kavern23]

Entrada would give OBE all of East Crimson basically...cross your fingers and toes this is it.

[SchoolNmoe42]

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