RE:RE:TVE Revenue Growth -- Cash Flow IncreaseThe stock price is too low for the companies cash flow currently.
When the 900M in Debt is reached (soon) and 10M shares are bought back this stock will go up 0.50 cents over night.
And when that debt target is met they can move to 50% of free cash flow for buybacks. Plus the dividend and further debt reduction.
I hope they do not increase the dividend this year. I would like to see the debt at 800M and execute on the share NCIB to the tune of 50M shares or even 40M.
Wait until oil goes up to 85 WTI and 72 WCS.
They wouldn't be buying shares (management) if they thought the shares were staying at 3.72.
They know that they are going to 5 or 6 bucks this year.
Maybe something is brewing.