RE:RE:RE:RE:RE:BTE today If you think reverse split is the same as buyback you should not invest in the stock market, yes, me too I am not in favour of buyback in case of BTE. All FCF should go to reduce the debt around $600M then 40 % to pay dividend and 60% to debt, but reverse split is a negative sign.
David01montreal wrote: Why over pay for buybacks. Reverse split will do the same objective, have monies for debts reduction, instead of over paying buybacks. Incase oil goes down so will SP and wasted money but high interest rate will keep debt high. At the end management will issue more shares waste of time and money. Wait till they report