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Pengrowth Energy Corporation Message Board

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  • MINCE38 MINCE38 Mar 17, 2005 4:47 PM Flag

    Who really knows the business model?

    I agree donk! But.........Exxon "can" keep issuing more shares and noone will worry if they can stay in business. Also, they dont rely on acquisitions. What would happen if the acquisition market in canada became so tight that nothing could be acquired at fair value for oh.....say 2-3 years. In the M&A world...this has happened! This is a trust, not exxon mobile or hess or shell. How would we shareholders survive, if acquisitions become nil "and" oil and gas goes south? I am just playing devils advocate here. Hey....I own this puppy too, but id rather have owned CHK or XOM or BHP for a much greater overall return. I guess what i am asking is...."is the distribution we get, coming at too high of a price? time will tell.

    marc

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