Barrington Petroleum...BPL:tse Message Board

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Gold/Mining/Energy : Barrington Petroleum...BPL:tse

BPL 41.46

0.0%

Nov 27 3:00 PM EDT

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To: Greg from Edmonton who wrote (6)	3/25/1999 11:35:00 PM
From: Fuller	Read Replies (1) of 8

I was wondering why this stock is still trading.I think there is about 260900 shares outstanding , since SUNOMA withdrew there offer to purchace at $3.75/share. They aquired 96% of co. it seems to me that it is not in there best interest to operate the co. and have to worry about a handfull of share holders. I think it is possible that they are trying to buy the remainder of the shares cheeply.I also think that another party could make it very sticky for them if they were to aquire a large enough number of shares. it could force them to purchase them at $3.75 or is there a rule that says they would have to offer more???

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