GREY:CRCTF - Post by User
Post by
parisoftroyon Aug 13, 2008 6:05am
741 Views
Post# 15379629
Positive net, negative SP
Positive net, negative SPI'm obviously no expert. I can't explain why CTA dropped under $3.00 (-that last small $3.30 trade hides the $2.90 bid-) with a second quarter that seems to be positive. Q2 net is almost 3.5 millions following a $808K Q1. Ave boe/d of 2493 (close to the 2600 I expected) should ensure positive revenues for Q3 even if oil slips to $100 a barrel, imo.
Am I missing something?
P o T