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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (42018)4/18/2018 8:15:53 PM
From: Goose94Read Replies (1) | Respond to of 203540
 
Obsidian Energy (OBE-T) top pick from Benj Gallander on BNN.ca returned

Obsidian is undergoing major changes. The proposed three-for-one share consolidation has been deferred. Peace River and Viking assets are now on the block and it isn’t out of the question that the whole company will be sold. If that comes to pass, it could be at a significant premium. Fortunately management at Obsidian and the key parties at activist FrontFour Capital have reached a peace agreement, which means that millions won’t be spent in battle, with the latter placing two people on the board of directors.