Bullboard - Stock Discussion Forum Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

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TSX:VLE - Post Discussion

Valeura Energy Inc > Will the bought deal be closing today or tomorrow or Friday?

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Post by tineta on Feb 08, 2023 11:12am

Will the bought deal be closing today or tomorrow or Friday?

I would say 30 % of chance today 60 % of chance in tomorrow and 10 % of chance on Friday. What's your opinion?

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Comment by BERationale on Feb 08, 2023 11:19am

99% chance tomorrow. The deal is done (the shares have been sold as its bought) so 99% of the time it will close on the date indicated. Typically the stock trades up at close but in this case it is below issue price so we'll see.

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Comment by tineta on Feb 08, 2023 11:45am

As per Company' s latest news : "The closing of the Offering is expected to occur on or about February 9, 2023 or such later or earlier date as the Underwriter may determine and is subject to the Company receiving all necessary regulatory and TSX approvals." One day early should be positive to boost sp.

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