Vermilion Energy Inc. T.VET

Should I average down from $30

[gribbs2]

I have 400 shares , down large, should I load up now?

[Nystrom]

Wondering the same thing.  With current oil prices Vermillion is going to be pumping cash. They need to reduce debt first and buyback shares 2nd if share price is still very low then bring back a dividend 3rd.  They reduced 80 million of debt last quarter with lower oil prices.  At current prices (almost $50/barrel for brent) they should be able to double or triple that debt

[Healthyscratch]

for what it's worth im deep in red I got in at 26 ish and then ought more at 6........ thinking of adding more myself but will wait for a red day.