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Equal Energy Ltd. Message Board

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  • rmnew2fl rmnew2fl Jul 27, 2012 12:02 PM Flag

    China just took out Nexen.. 15 billion


    True this has been a dog even going back to when it was Enterra. If you are happy with a 38% gain you probably will get that. Some of us see a much bigger gain coming. EQU announced on May 3 that EQU was up for sale, merger, or sale of assets. Scotia is handling this. It hasn't even been 3 months yet. EQU's assets are in the US and in Canada. To review and evaluate these properties will take time. An acquiring company will have to get their boards approval as well as arrange finacing. From the posts on EQU's private message board those that have contacted Scota report that there is a lot of interest in EQU's assets. Unless you are short there is no reason to bash EQU at this point. Be patient a few more weeks.

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