RE: RE: late day action By my book the trade action was the reverse, bounced to $3.18 on small volume. Got corrected this morning.
But the bigger question...what is with the share price? While I expect a net loss this quarter, cash flow should still be positive, street is expecting
.33/share. According to Nat Bank, CF/share for this fiscal is expected at $1.34, Nav at $5; so trading at 60% NAV and 3x CF.
Balance sheet looks solid, financing recently renewed and expanded. 50/50 Oil and Gas.
So what's the problem other than current share price???
Terr