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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Post by HigherBuyeron Jun 22, 2017 3:53pm
488 Views
Post# 26394467

New All-time Low!

New All-time Low!Well, we hit an all-time low today for ths stock. Never before in it's 25+ year history has the company seen this low a valuation. Ever! Obviously management has messed this company up in a big way. No vision or leadership. Finger pointing from the CEO while he rants and throws tantrums like a child. What a mess. Worst management team ever. Self serving CEO. From $24 in 2014 to $1.56 today. I feel sorry for staff who believed in this company and lost their life savings! Do they have enough cash to withstand another two years of $40 oil? Will the competitors pay a premium on an acquisition? Structural changes to the industry wrt carbon and waste management indicate their market is gone forever. 
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