CGX Energy Inc V.OYL

Share price

[taal]

The way I see it ...and I did buy more today...not that I need anymore...If Fec is willing to pay 1.63 for thier shares roughly 45 million ...and they will get All the rights....then 1.07 or 108 is good with me....Both Cgx and Fec are Not forgoing...and as far as I'm concerned this has been all Orcastrated..... No love for this crew...

[Rapsani]

Also picked more up Taal with the same logic you suggest. I really believe the dip has nothing to do with whispers or results, rather with panic selling or automated selling, and the CFO doing a bone head move.   If negative information had leaked out they would have to disclose it or at least disclose it on Friday's call.

[westcanpride]

End of day, Frontera is going to be purchasing ~45 million new shares in CGX (~$73M investment) at $1.63 share price. If I am a Frontera shareholder, and I see my management team making a significant investment in a company at a fixed price when the actual share price is ~40% lower on the open market, I would be very upset. Given that Frontera holds all the cards here, this share price crash