WestFire Energy Ltd T.WFE

Why is everyone surprized?

[can1]

This was a horrible deal.  The smart money knows it stinks. 

Why do you think we have all the downgrades.  The market is speaking loudly 

this was a deal forced on management. Of course they have

to agree  what choice do they have?

[Majormac79]

I agree with posts i've seen in both GO and WFE, its better to combine assets into a larger entity for both overall growth and a possible large take over offer.

[menotknow]

Can't agree with you more.  this is a horrible deal and should be voted against.

[JohnJBond]

WFE shareholders were robbed today of a nice market bounce from their excellent earnings.   I realize that the merged company is being lead by GO management team, and a number of WFE people are sticking with the new firm, but has anyone figured out which of WFE`s management team is leaving..........I`ll bet those who are leaving are getting a very nice golden parachute.   I wonder if

[Majormac79]

Well management has to be trimmed or it costs shareholders more for the redundancy. Im going to Vote YES for the deal since both companies are highly undervalued and will have more value recognition in the market as one entity.

[Sir_Holler]

Both of the companies are undervalued. The marrged company must now be selling at about 2.7 times cashflow. Together they will be able to spread their fixed costs, increase market liquidity, and receive a reduced risk premium given their new mid-tier status. Natural gas was also up 5% today.

[jodietoadie]

This post has been removed in accordance with Community Policy

[value1]

fantastic earnings. at present price buying westfire you are acually buying go at 1.76.  reminds me of cqe/onr deal. onr was trading at 10% discount with the arb then a white knight came in and paid up.

[nonvoyan]

"I agree with posts i've seen in both GO and WFE, its better to combine assets into a larger entity for both overall growth and a possible large take over offer." Not at a discount to WFE shareholders.   If you look at the prices at yesterday's close, it looks like GO is getting the better end of the deal and is the one who's going to manage the new compa A $212M

[value1]

galleon just pulled off a major coup.