Post by
can1 on Jun 09, 2012 2:05pm
Due diligence...
As long as the black out is in place and I see no insider trades, I'm happy. We have decent volume days and I see more u.s. trading houses involved. The free float is in tight hands, they know the storey. You won't find many companies that are are up for grabs like Westfire. The assets and returns are in the top tier of O&G companies. Nobody is going to just write a cheque in this environment without doing a thorough due diligence. Could be fall, could be july. I say the later part of the year is more realistic.