RE:netbacks to fall The price only really started downward the last few days so I think your numbers might be a bit conservative. The selling of this stock is likely tax loss selling as this stock has fallen by 50% since June and about 35% since the 3q results. I have been. Buying with both hands this week selling less affected stocks. It is selling below 1.5 x cash flow.
I would think we should see some insider buying at these prices. I am sure management believes this stock should double.