Post by
Lonegaurdian19 on Oct 26, 2023 10:28pm
Being honest
To be honest I like this company but if IFRS is anything like Gaap the most recent insider purchases say a lot.
they were small and not automatically triggered. That means they cannot trade on inside info. Which unfortunately means nothing is happening soon.
do I think there is a ton of value here, yup, and I still invested yup.
What it really comes down to is ability to deliver, there are only a few majors left (especially after recent mergers)
I think Gil needs to take one on the chin in the worst of the liscenses to shore things up. This company really needs to get things moving again, I understand the notion of measuring previous deals vs current but unless he can farm down the whole portfolio to Petrobras, Petronas, or CNOOC dragging his feet is a waste of us paying his salary.