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TORC Oil & Gas Ltd. (TOG.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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2.8100-0.1000 (-3.44%)
As of 2:42PM EST. Market open.
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  • J
    John
    FINALLY $3!
  • E
    Easy win
    Tog going up 3-4$ range
  • N
    Norman
    I hold a modest amount of Torc and needless to say, I was surprised when the merger was announced. I have been mulling it over the last few days, should I stay or go. I never really, delved into whitecap as a stock, as it was just not interesting from a value proposition. This is different then management of company, both seem well managed. Well my two cents worth, is that TOG+WCP = something greater than their sum. There are efficiencies and cost savings, economy of scales. In addition, as a large company, they will attract further interest from institutional investors. CPP which holds 30 % of Torc, thought it was a good idea, and were on board with the merger, I am assuming, assume key word, they have some good people on the board and some brainiac analysts, they made the right decision.

    So given all this, I am thinking WCP is going to keep growing through mergers with other oil and gas companies were the financials are relatively decent, efficiencies exist, etc.. If this is the case and this is my current thinking, I am going to stay with TORC-WCP. Thoughts?
  • E
    EK
    I might sell before the merger depending on where tog share prices stands month end .
  • J
    John
    $3 soon!!!!
  • S
    Sam
    This is a win win move. Hold on...WCP will be 6-7.00 by the time the deal closes.
  • A
    Alek
    Here’s what will happen; TOG may drop a bit more due to “retail traders” while WCP goes up gradually, these to stocks are connected & will continue rising proportionally. By February 2021, TOG will be well over $3.
  • S
    SBrin
    Gang, Any sense when this merger is to occur?
  • M
    MARS
    Basically looking for an opportunity to get in to WCP at a better ratio than 0.57 WCP/1 TOG.
  • D
    David
    Going 2.50 when dividend reinstated in next couple of months. Oil is going up in next year will add catalyst to all iol companies.
  • D
    David
    Going to $4.00 when dividend reinstated.
  • K
    King
    On the road back to $4.00
  • Y
    Yahoo Finance Insights
    TOG.TO is up 9.67% to 2.95
  • E
    EK
    After my calculations for the amount of shares I own of tog I’m down 1500$ ! Not impressed
  • i
    iosif
    The market likes the deal it seems
  • R
    Rob
    For every 100 shares of tog you will get 57 shares of wcp which closed yesterday at 4.35
  • J
    JMarsh
    Holding 5k shares at an average of .89, should have sold twice above 2.10-2.20... won’t make same mistakes again lol
  • A
    Alek
    Both WCP and TOG will continue growing proportionally. By February, WCP/TOG should be closer to $6/$4. It sucks because TOG was a killer deal with their dividend & they likely would have reach $4.5 by this time next year.
  • Y
    Yahoo Finance Insights
    TOG.TO is up 9.00% to 2.30
  • S
    Sisa
    Oil is good...