Sharky: Will they go for a fair price or for peanuts?

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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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jurek

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Sharky: Will they go for a fair price or for peanuts?

in response to

Re: The CLL Saga, Act 6, "Exit The King"

sharky

posted on Jan 16, 2012 02:29AM

Forgive me for the short answer.

If CLL is ever bough out it will go for the Fair Market Price based on the Oilsand deals in last few years. If the fair market price is not accepted by majority of shareholders there will be no deal.

There will not be any hostile take-over offer.

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