GREY:ARKXF - Post by User
Comment by
shambano1on Feb 13, 2015 3:19pm
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Post# 23428397
RE:RE:RTK will be gone soon???
RE:RE:RTK will be gone soon???consolidating igna/fireweed and then selling remaining non-core assets is a good financial deal because it consolidates the fireweed asset and it will eliminate the overhead in RTK that now is spent to manage it.
makes perfect business sense and reduces costs significatnly and increases margins because we all know plus 75 WTI won't occur for 3-5 years now and every O&G company has to reduce costs to bare bones to squeeze a profit.
RTK will be gone and soon.
just watch the buyers today, they are snapping up shares but without letting the SP get too high.
they know shareholders will be happy with a 2.00 plus deal, real happy after falling to almost 1.00 from 4 in the good days.
RTK has stopped spending money for a reason my friend that is your hint, hint wink wink moment.
but hey I'm jsut guessing
DYODD