Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: bid at Ameritrade well above offering price

Noam:

You miss the point. It comes at the best time for the "insiders". They get the benefit of additonal shares through the provisions of the "insider stock provision" at a super low price. Which of course goes to provide them a greater number of shares than if it had taken place at a higher price! We just got scrod in a compound fashion.

Brian

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