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Advantage Energy Ltd. (AAV)
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Q: Hi folks, thoughts on Advantage Energy aav/t buy of Longshore Resources for $450M....good deal/overpaid???....stock sold off on $11/share finance but Scotia positive on transaction & company (but they participated in finance)....increased their T to $20 & NAVPS a share to $25.45....U like company??.....thanks, jb

Asked by John on June 21, 2024

5i Research Answer:

All the remaining big 5 banks raised their targets on AAV following the deal. Analyst commentary...

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