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Bullboard - Stock Discussion Forum FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm... see more

TSXV:FEN - Post Discussion

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Post by Phonse47 on Nov 09, 2015 10:34am

halt

typically trading halts requested by the company are very temporary, usually 2 hours. So get your klenex boxes handy. Glta
Comment by BayStreetVic on Nov 09, 2015 11:17am
We shall see, this company is at a major crossroads me thinks...
Comment by BayStreetVic on Nov 09, 2015 3:26pm
Looks like news after the close. Not sure I like that very much..
Comment by Phonse47 on Nov 09, 2015 3:45pm
Me too BaystreetVic.
Comment by seanatis on Nov 09, 2015 3:51pm
Certainly doesn't leave me with warm and fuzzies...
Comment by BayStreetVic on Nov 09, 2015 3:55pm
Anyone care to speculate?
Comment by seanatis on Nov 09, 2015 4:02pm
Merger dilutive to Forent.
Comment by BayStreetVic on Nov 09, 2015 4:26pm
What ever it is..RL better have a good explanation for making us wait all damn day..
Comment by Phonse47 on Nov 10, 2015 12:14am
keep the faith bay!
Comment by BayStreetVic on Nov 10, 2015 10:49am
A multi day halt?! This company is giving me an ulcer..
Comment by Phonse47 on Nov 10, 2015 10:58am
we could be looking at a day or two halt! But i believe its good news. I have to admiit to getting up early just to check on halt status. You and I are in a similar position in terms of shares held. I have been adding lately too. Am in the que for adding more.
Comment by BayStreetVic on Nov 10, 2015 3:53pm
Still scratching my head here..
Comment by DirtyDeeeds on Nov 11, 2015 8:56am
What the hell is going on here? 2 full days halt and counting? Anyone ever see this before?  
Comment by Phonse47 on Nov 11, 2015 10:04am
in my opinion it means there is a regulatory issue with the planned aquisition. I have seen multiple day halts but they are less common. Typically they are short term to allow for material news to be shared.
Comment by DirtyDeeeds on Nov 11, 2015 10:50am
Thanks, well at least the bid/ask has moved up... someone likes this.
Comment by Phonse47 on Nov 11, 2015 11:50am
There is lots to like here and i am certainly in that camp. I was reading some statistical information on halts and the median halt period is 3 days. In this case i think it is important to note the halt is at the request of the company.They have some news to share, i expect it is big news. They may have been asked to modify the news release. Usually when a halt is of concern there is some ...more  
Comment by DirtyDeeeds on Nov 11, 2015 1:30pm
"so, i add when i can. " not much of that going on in the last 2 days... :)