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Bullboard - Stock Discussion Forum Kicking Horse Energy Inc. V.CEX

TSXV:CEX - Post Discussion

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Post by bmeister2 on Oct 21, 2014 10:33am

drop

Well,thus far it looks like shareholders think we got the short end of the stick because we are down while Donnycreel is up big time. Any views on this that would explain this outside of the 20 mil in financing?
Comment by thedave_2011 on Oct 21, 2014 10:45am
As part of the merger, Contact was valued at 0.37 and Donny at about 3 dollars which I suspect the new company would start trading at around 4.5 to 5 dollars. 
Comment by leader7 on Oct 21, 2014 11:51am
Hi Dave, So how you think the prefomce of Contact SP will be in the rest of the week? any idea. Thank you
Comment by Slyincalgary on Oct 21, 2014 11:54am
Also the financing deal was done at .37 cents. Almost all recent bought financings have reduced the stock price back to the financing amount. I haven't read the deal but I really don't think CEX did badly in this deal. Added a lot of land in a key area. I am going to read it completely when I get a chance later today. This is a pretty smart group so I doubt they would do something that ...more  
Comment by bmeister2 on Oct 21, 2014 12:16pm
good points.thanks