Insanely mispriced!Started buying yesterday and added today.
Assuming next quarter's cash flow is same as 3rd quarter they will have .14 cents per share cash flow for 2020.Cash in bank.Debt free and its .17 cents!
Meanwhile TCW a giant oil service company for 9 months had negative cash flow of 36 million.
.14 cents times a multiple of 6 equals a target of .74 cents per share. Not likely to happen with this very negative energy sector.
But .50 cents is doable .
It is likely a target with such outstanding performance .
Company should consider a normal course issuer bid.. Its also time for insiders to load up.