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SethOB

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  • Canadian oil and gas producer Pengrowth (PGH) buys NAL Energy in a stock swap deal valued at C$1.9B ($1.895B) that it says will give it exposure to light oil plays across Alberta and Saskatchewan. NAL shareholders will own 26% of the combined company after the transaction closes.  [View news story]
    Actually, PGH has traded at $14.60 within the most recent 12months.
    With some good results/news/presentat... for the combined new PGH/NAL combination, even just re-touching that 11-12 month price, it would be a 50% share price, in addition to be collecting very attractive dividends monthly along the way up. If you don't want or need the dividends, reinvest them in the merged stock (or even some other "hot" equities/options/etc of your choice -- to catapult the 50% price increase to a considerably higher "Total Return".
    Mar 23, 2012. 03:19 PM | Likes Like |Link to Comment
  • Canadian oil and gas producer Pengrowth (PGH) buys NAL Energy in a stock swap deal valued at C$1.9B ($1.895B) that it says will give it exposure to light oil plays across Alberta and Saskatchewan. NAL shareholders will own 26% of the combined company after the transaction closes.  [View news story]
    This is a positive case of reaching "CRITICAL MASS" to be a winner. Many small holders of small %'s of Key Oil/Gas potentials have been flat or crumbled because they kept hitting their heads on weak Capital to sit at the table with competitors with lots more "chips". (This has especially been the case if even the smallest mishap comes along (Bad Weather, An Accident, Key Mgt/Skilled-Workers, The combined size and capitalization and industry visibility management (NAL also recovers a key past manager that had moved from then to PGH. This will be a good merger for shareholders of BOTH COS., if they are not too short-sighted to let it go by, greed for immediate payoffs, rather than years and years of more SOLID share value increases & far more Dividend Payouts monthly (to either nicely live-on in retirement...or reinvest to build for future retirement, kids college, etc...
    Mar 23, 2012. 02:12 PM | Likes Like |Link to Comment
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