RE: Dead Mone Amen to that.
when a company has borrowed 800 million and treades at a marketcap of 850 million - there is something seriously wrong.
Absolutely no doubt that these guys can operate and find oil but the csuites job is to create shareholder value by designing a strategy maximizing the companys valueproposition to the market to attract shareholders- not drill oil. The pure growth strategy has resulted in a 50% - 70% drop in the market cap over a 2 year period. Change the strategy