We CHK Shareholders owe you Morons BIG TIME!
5 Frigging Billion! or 7% of the company!
you coula bought the whole thing for 15 bil
Should mgt get big bonuses for their 2014 brilliance- or no salaries at all and be fired?
They've bought what? $6 Billion+ of properties at ridiculous prices
Weren't they gonna issue stk or bonds to pay for it?
this should be good.
Meanwhile.. we're Running out of pre-Christmas December and SWN appointed a New president
If SWN is lucky after the STUPID $5 Bil buy, the deal will fall thru.
even with any penalty, it's a disaster avoided.
Mgt shoud Resign
If penalty is only a few hundred million ... O/G is down 25%. would be difficult/imlikely to have a penalty THAT big. I doubt it's more than 300 mil which is beans
AND If I was on the board or a SWN shareholder, I WOULD Vote it down
IF the deal falls thru, CHK has app $12 Bil in debt and virtually NO CASH (Yahoo finance)
What';s the story worth?
This co's mkt cap is only $100 mil. (1.7 x sales)
TINY for any possible video enhancement and the amounts being paid for anything even close.
Many techs sell at 10x sales with no more compelling posibillities.