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Bullboard - Stock Discussion Forum Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering... see more

TSX:SDE - Post Discussion

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Post by retiredcf on Jun 21, 2023 7:35am

BMO

Comes down the middle of the road. GLTA

BMO’s Michael Murphy lowered his target for Spartan Delta Corp.  to $6.25 from $18 with an “outperform” rating. 

Comment by retiredcf on Jun 21, 2023 9:47am
More from BMO which answers an earlier question. GLTA SDE will begin trading June 21 post the date of record for its previously disclosed distribution, which consists of $9.50 per share cash plus a share and warrant of Logan Energy. We estimate an initial trading range of the new Spartan Delta of $4.50-4.90 per share,” he said.  
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