RE:Last year financial on 2020-11-13 08:07
According to another poster, this is an under achieving company. It certainly is quite true for the last few years. The billion dollar question is whether they under achieve because of bad management or simply business environment in general for the oil industry. If it were the latter, they may just be starting to recover. If it were because of the management, taking over by the someone like the Nilsson is the only way out, and I think shareholders will agree to a buyout as long as it were north of 40 cents, since leaving it with the present management will be a dead-end. They may take lower prices depending on how bad the quarter is. However, if it turned around and they are not too upset with the current management, they may ask for more.