Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: Can We Say Manipulation (Management)!/sharky

Mar 04, 2009 10:16AM

sharky

Mar 04, 2009 11:18AM

dondon

Mar 04, 2009 11:37AM

Mar 04, 2009 01:05PM

Mar 04, 2009 01:29PM

jurek

Mar 05, 2009 07:25AM

sharky

Mar 05, 2009 08:38AM

Mar 05, 2009 08:49AM

AdMark

Mar 05, 2009 09:02AM

jurek

Mar 05, 2009 09:37AM

sharky

Mar 05, 2009 10:44AM

Mar 05, 2009 11:38AM

Mar 05, 2009 01:44PM

Mar 05, 2009 02:13PM

denby45

Mar 05, 2009 09:28PM

jurek

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Re: Can We Say Manipulation (Management)!/sharky

in response to

posted on Mar 06, 2009 08:48AM

Congratulation Rebel on the explanation of so call shareholder value of equity at $2.36 per share and that only covers cash on hand ( which converts into debt as it's spent) plus accounts rec and plants and a few other things.

And all based on the RBC Q3 numbers when the Average Weighted WTI was $120/bbl and the Canadian dollar was at par with the US$.

You forgot to say that since then RBC dropped the CLL target price from $5 to $1.25 and last NAVPS I have seen in January was $1.42 (and this include the reserves).

The good news is that "shareholder value of equity" (sorry but could not find this in the dictionary or economics 101) or NAVPS will not determine the takeover target price.

If it ever comes to takeover the offer will be based on the market condition and CLL shareholders determination to let it go.

Re: Can We Say Manipulation (Management)rebel

Mar 06, 2009 10:20AM

jurek

Mar 06, 2009 11:58AM

Re: Can We Say Manipulation (Management)rebel