Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
×

Get our best content in your email.

You are already a member! Please enter your password to sign in.
Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History  |  Analysts  |  Earnings  |  Insiders

Petrodorado Energy Ltd V.PDQ

Sector: Energy | Sub-Sector: Oil & Gas E&P

Petrodorado Energy Ltd is an oil and natural gas exploration company. The Company is engaged in petroleum and natural gas exploration and development activities in Colombia and the United States.
Price: $0.185 | Change: +$0.005 | %Change: +2.78%
Volume: 31,950 | Day High/Low: 0.185/0.175 | 52 Week High/Low: 0.35/0.07
View modes: 
0 stars

Modified Dutch Auction

This is a fairly simple process in the form of a substantial share buyback. It requires only BOD approval and an independent valuation. The serial  delay in AGM is interesting. Recall that Vegasport...read more
0 stars

RE:RE:1 STEP verses 2 STEP dealings.

TheRock07 wrote: I presume you are referring to a Dutch Auction. I own AM which has whacks of cash and has closed out its operations. It has reduced its staff but still have a nice liigation suit...read more
3 stars

RE:1 STEP verses 2 STEP dealings.

I presume you are referring to a Dutch Auction. I own AM which has whacks of cash and has closed out its operations. It has reduced its staff but still have a nice liigation suit against GM for up to...read more
0 stars

Hmmmm

Picked up a little more today. Somethings brewing!  rate and reply
0 stars

1 STEP verses 2 STEP dealings.

In a 1 step deal a CASH BOX like PDQ exchanges their shares for shares in the target.    In these tough times there is NO shortage of buyers for our shares for their shares as the buyer gets the cash....read more
0 stars

CASH DIVIDEND V. REDUCTION OF STATED CAPITAL

SlowLoris.   Nice find on the AGM delay.   It's on SEDAR.    In the States it's called a Return of Capital Distribution.   Not taxed like a dividend,  it just reduces your tax basis in the shares. In...read more
0 stars

RE:RE:AGM delay

A substantial issuer bid to buy back its shares would do the trick.  rate and reply
0 stars

RE:AGM delay

A cash dividend would have adverse tax consequencies for holders in many juristrictions so would be unlikely to be voted through, unless combined with a scheme to allow the cash to be taken as a...read more
0 stars

AGM delay

I am willing to bet that it has to do with vegasport and his proposal to dissolve the company in two stages, the first being an immediate cash dividend to be followed by an orderly liquidation of...read more
0 stars

AGM delay

I am willing to bet that it has to do with vegasport and his proposal to dissolve the company in two stages, the first being an immediate cash dividend to be followed by an orderly liquidation of...read more
5 stars

RE:RE:AGM

Management are in a news blackout. Obviously, its a major material event whose finality requires a bit more time. My bet is disposition of all assets followed by full return of capital.  rate and reply
0 stars

RE:AGM

Whats with the delay twice ,,?? How did you hear about this delay, 1st and 2nd one?  rate and reply
0 stars

AGM

Date for the special/general meeting pushed back for the second time to 23 sep  rate and reply
3 stars

RE:RE:Estimated range of current NAV

Sure, it's probable that Moriche is correctly presented on the balance sheet, but can you explain just how it is presented? Where is the cash received from the buyer? I - and others - have been over...read more
3.5 stars

Substantial Peso depreciation means Colombia very profitable

If oil prices keep falling, at some point it's not profitable to pull it out of the ground. But we're not there yet, according to an analysis of production costs by an energy consulting firm. In...read more
3 stars

RE:Estimated range of current NAV

An excellent presentation of extreme limits of the current NAV. That the NAV is almost all cash and short term investments makes it very solid. Its probable that the remaining oil/ gas assets will be...read more
1 star

RE:Wow

There are events in the affairs of equities, which, taken at their flood, leads to great fortunes. So sayeth he..  rate and reply
0 stars

Wow

Huge bid came in at .185 late today . Anyone make anything of that?  rate and reply
1 star

RE:VegasPort

Ok will call later this eve when two grandchidds are quietened diwn  rate and reply
0 stars

VegasPort

Hello! I have Private Mailed you.   Need to chat.  Ditto TheRock07 902-315-3184.  rate and reply