RE: What is the purpse of COSSelling the company now, with the stock price in the toilet, makes no sense! Any traditional premium over last 30 trading days etc. does not reflect the significantly higher longer-term value, which in my opinion will be realized for the patient. Management must relentlessly focus on operations and the cost structure. Once achieved, the share price will soar! In the meantime we recieve a competitive dividend yield , that should be increasing.
Can you imagine how bad we would feel if management were to propose selling the company now just before it realizes the production capacity level, not to mention the growth to 550,000 bpd level!
Hold on we will all be rewarded.