Agoracom: Small Cap Investment - Connacher Oil and Gas

jurek

Dec 15, 2011 03:26AM

auntierooski

Dec 15, 2011 09:21AM

Glindway

Dec 15, 2011 10:24AM

Dec 15, 2011 12:24PM

Dec 15, 2011 12:43PM

Sharky

Glindway

Dec 15, 2011 12:50PM

Glindway

Dec 15, 2011 01:03PM

Re: Sharky

Dec 15, 2011 02:09PM

Re rumour of buyout

bbwanaa

Dec 15, 2011 02:23PM

Dec 15, 2011 02:25PM

Re: Sharky

Dec 15, 2011 04:00PM

Re: Re rumour of buyout

believe in CLL

Dec 15, 2011 06:47PM

Re: Re rumour of buyout

Dec 16, 2011 08:34AM

Wetcoaster

Rank: Mail Room [?]

Points: 78 [?]

Votes: 4 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Re rumour of buyout $1.5 p/s

in response to

Re: Re rumour of buyout

Re: Re rumour of buyout $1.5 p/s

posted on Dec 16, 2011 12:25PM

On the 'other board' some have posted that a lot options owned by insiders and strategic outsiders :) have a strike price of $1.40, therefore a buyout offer would have to be $1.50 to entice the option holders to sell. Does anyone know if the $1.40 figure is correct? There about 26.3m options held by employees, directors etc. Fidelity I think still owns 19m shares, dunno at what price.

Gotta think this co. is worth more than .79c I'd take $1.50 in a heartbeat! Expecting anything more than that I think is a fantasy.