With the merger of Cascade & TNR at 16.5c, you would expect Cascade shareholders would want to take some profit off the table which discourage buyers for now. There are still not much liquidity for traders to play. TNR is an investment stock at the moment with huge potential especially once TNR own 100% of all the leases from Cascade. That is when the predator will we swooning it.
credo, page-16
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