RE:Imo dividend is and will remain unsustainable for yearsI can't see this going below $10, unless oil stays low and management doesn't adjust.
I truly believe there is a lot of money on the sidelines waiting for the divy cut. If the share price dropped it would be short term. I would buy back in as it would signal to me management has become flexible and decided to stop paying out over 100% and willing to adjust to current conditions.