Is this just wishful thinking on your part now that it appears that we have two up days in a row ? We are due for a run up after being oversold. There is nothing in trading activity suggesting that there is heavy accumulation going on ? Please share your analysis of possible suitors with the rest of us mere mortals. It will not be Suncor.
It depends who buys if there is an offer. For instance if SUNCOR, that stock is also down and it may benfit PWE for capital appreciation if SUNCOR reaches price levels in line with its cash flows. IF cash offer from China no.