PhareDuBoute

Attractive buy for liquid major

לונג
TSX:CPG   None
CPG is going to get bought. Just a matter of time. I would say wait for the stock price to make a new low (since inception) and I think you'll see a major step in and buy these assets. Major conventional player in the Western Canadian basin with established leases in friendly O&G communities. CEO stepped down in May (started the company) so the major psychological hurdle/investor has already signed off in a sense. Just read that it is slashing it's payroll and working on debt re-structuring/elimination. A company like this (small/mid-size) only does that if it wants out and is trying to groom itself for suitors. IMO
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.