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re: Pqeff: The Future of Refining Sand Wells

Posted on 10/26/21 at 9:02 am to
Posted by ATOlurker
Lafayette
Member since Sep 2005
289 posts
Posted on 10/26/21 at 9:02 am to
Just got off a plane and Wow Goodmorning PQEFF! Now what hold some, sell some or buy some
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/26/21 at 9:04 am to
WHAT IS GOING ON
Posted by WDE24
Member since Oct 2010
54183 posts
Posted on 10/26/21 at 9:05 am to
Hostile takeover
Posted by Putty
Member since Oct 2003
25491 posts
Posted on 10/26/21 at 9:09 am to
quote:

Hostile takeover


Looks like it. Have I been watching too much Billions or am I right to conclude that (1) mgt will have to acquire control of enough shares to stave off the takeover effort, driving the price near or to offer price, (2) offeror will be picking up as many shares as it can to support its takeover effort and hope to average the price down, (3) offeror likely didn't put its top dollar bid on the table and still has powder.
Posted by WDE24
Member since Oct 2010
54183 posts
Posted on 10/26/21 at 9:13 am to
They all sounds right to me. Takeover offer contingent on offeror garnering over 50%. Anyone have an analysis of the current leadership’s share position?

Seems like even if the takeover fails, the stock price has to adjust close to the value of the offer, right?
Posted by JDPndahizzy
JDP
Member since Nov 2013
6451 posts
Posted on 10/26/21 at 9:14 am to
quote:

its takeover effort and hope to average the price down


They're doing a helluva job!!
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7153 posts
Posted on 10/26/21 at 9:15 am to
So, I bought at .30 and have a sell order at .60.

Will the eventual price get higher than that! Should I cancel my limit sell order?
Posted by I Love Bama
Alabama
Member since Nov 2007
37740 posts
Posted on 10/26/21 at 9:21 am to
quote:

In for 50,000 shares.

Let's ride.



Are we still riding or time to sell?
Posted by JDPndahizzy
JDP
Member since Nov 2013
6451 posts
Posted on 10/26/21 at 9:30 am to
I did notice that all offers in the press release were in Canadian dollars but that shouldn't make a huge difference right? I have no idea what the canadian dollar is worth to USD..
Posted by METAL
Member since Nov 2020
1041 posts
Posted on 10/26/21 at 9:36 am to
.74 woke dollars = .60 quasi-woke dollars
Posted by el Gaucho
He/They
Member since Dec 2010
53152 posts
Posted on 10/26/21 at 9:40 am to
Is this still a poop stock or should we do a share count like Sli and demand t shirts

I have 252000 shares
Posted by METAL
Member since Nov 2020
1041 posts
Posted on 10/26/21 at 9:40 am to
Dear lord this is not how I saw the day going.
Posted by METAL
Member since Nov 2020
1041 posts
Posted on 10/26/21 at 9:41 am to
Well…
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/26/21 at 9:41 am to
I just burned my shares.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 10/26/21 at 9:43 am to
quote:

Anyone have an analysis of the current leadership’s share position?


20% is what I read a while back, not sure how reliable that was.



Posted by WDE24
Member since Oct 2010
54183 posts
Posted on 10/26/21 at 9:44 am to
quote:

I have 252000 shares
nice
This post was edited on 10/26/21 at 9:45 am
Posted by WDE24
Member since Oct 2010
54183 posts
Posted on 10/26/21 at 9:46 am to
So the market is indicating a 33% chance of a successful takeover? Is that how I read this price movement?
This post was edited on 10/26/21 at 9:47 am
Posted by el Gaucho
He/They
Member since Dec 2010
53152 posts
Posted on 10/26/21 at 10:02 am to
I actually emailed them about shirts a few weeks ago and they didn’t respond

Eta: StockTwits showed Pqeff at like +300 this morning
This post was edited on 10/26/21 at 10:04 am
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30585 posts
Posted on 10/26/21 at 10:03 am to
I'll take a hat then
Posted by JDPndahizzy
JDP
Member since Nov 2013
6451 posts
Posted on 10/26/21 at 11:26 am to
Is .20 the new .14??
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