Obsidian Energy Ltd OBE

Think of it this way…

[kavern23]

You claim to be a long time Obe shareholder so what do you think Obe share price would be right now if a different management team was in place and didn't buy prop 45 percent interest for 36m back in nov 2021. That was a ballsy and gutsy move as Obe only had 35m available debt faculty.
have to give credit when it is due as it was a very shrewd move because it was timed when money was hard to get making. price for asset even lower.

If management team only focused on cardium probably not 9 dollars right now

[thetruth54]

The only thing that matters to investors is whether or not management creates shareholder value. On that subject Loukas has been an abject failure. Obe investors cannot monitize anything you have written about as it does not show in the share price or in a dividend. SHOW ME THE MONEY and then I will cheer Mr Loukas. Until then I am not interested nor should any OBE investor be interested in your

[kavern23]

It is easy to look back and comment without knowing all the facts. Neither of us knows exact conversation Obe had with their bankers in 2019 and 2020. Plenty of press releases of Obe having to change amendments on financial convents and extension on debt faculty being done so often. Maybe the bank were hinting to Obe at the time with their debt so high they needed to merge and get bigger? OBE