what would happen to its warrants now? Especially to its strike price.
J
it Seemed like this stock was ready to rock higher once it hit .17-.18 but has lost ground while all other oil stocks make big gains anyone have any thoughts?
A
This company is talking reverse split of 20 to 1. What is your opinion? I have seen a couple of reverse splits all sold in the name of building shareholder value, most have done the opposite. I hold the score (SCR.TO), they did a 10 for 1 reverse split, so the share price went from $5.00 to $50. About two months later the share price had declined to $20. Where is the shareholder value? I'm not convinced the price will ever go back to $50, however if there was no reverse split, I think the shares would still be worth $5.00 or more.
Does anyone have any good examples of a successful reverse split?
F
Wow really nice acquisition! Attractive purchase price with material asset expansion
~6,700 boe/d (~95% light oil and liquids)1 of sustainable, reliable and high working interest production (88% WI) that is 76% operated
Highly attractive purchase price of ~1.4x cash flow3 or ~$14,000 per flowing boe
Saturn's Oil and Gas production will increase by more than 2,000% over current volumes while PDP reserves will grow more than 1,300% over the Company's year end 2020 reserves
Land base increases by 775% with an increase in booked drilling locations of more than 180%
F
Gbc AG buy target at 0.46$
a
This is a great accusation. I work in this field. Hopefully this thing sky rockets
Does anyone have any good examples of a successful reverse split?
~6,700 boe/d (~95% light oil and liquids)1 of sustainable, reliable and high working interest production (88% WI) that is 76% operated
Highly attractive purchase price of ~1.4x cash flow3 or ~$14,000 per flowing boe
Saturn's Oil and Gas production will increase by more than 2,000% over current volumes while PDP reserves will grow more than 1,300% over the Company's year end 2020 reserves
Land base increases by 775% with an increase in booked drilling locations of more than 180%
http://www.more-ir.de/d/22491.pdf
I have it at .265 no .21 It would be nice if they put out some fresh positive news.