Share price re-valuation in 30 days Free funds flow is running conservatively at about $80 million per quarter at current oil prices. TVE board has promised half of that going back to shareholders through share buybacks and special dividends.
That will kick in sometime in September (net debt going below $400m)
That means they could buy back 5 million shares per quarter AND pay a special dividend of 4.5 cents per share per quarter.
A re-valuation is assured once this is announced.
You have about 30 days left to accumulate at these price levels!