Stockchase Opinions

Eric Nuttall Greenfire Resources GFR-T HOLD Nov 21, 2024

Trading at $10.32, increased 50% YTD.

Small-cap oil sands. He owns about 2M shares. Has done pretty well. After a tussle, Adam Waterous purchased 43% two days ago. What happens now? Waterous wants his own board installed, foreshadows a takeover for more shares. He anticipates he'll get the 50% of votes required, the Board will leave, and Eric will sell his shares at $10.90 early next year.

$10.270

Stock price when the opinion was issued

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