Post by
divime1 on Jul 16, 2021 9:22am
Tweet from Nuttall a few min. ago
Any who says he's selling CJ don't have a clue . Note # 1
https://twitter.com/ericnuttall/status/1416023667125932032
Comment by
rodster55 on Jul 16, 2021 12:35pm
Wow..... WTI @72 USA dollars and we can buy back 51% of o/s shares with FCF ? There must be alot of people sitting on the sidelines waiting. Get use to the oil market volitility and ask yourself why do you own Cardinal Energy shares. The fundamentals have not changed IMHO and looking to add down here ! GLTA Longs !
Comment by
Stavkot on Jul 16, 2021 6:36pm
I'm not sure how he calculated those numbers but I think he did production X $72US - estimated capex = 50% of market cap. According to the numbers on the presentation yesterday CJ can purchase
Comment by
antonaki1 on Jul 18, 2021 2:25pm
This post has been removed in accordance with Community Policy