GREY:LSTMF - Post by User
Comment by
heraclituson Nov 19, 2013 4:13pm
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Post# 21920585
RE:RE:No pipelines to it's coasts, there is no bottom for Canadian
RE:RE:No pipelines to it's coasts, there is no bottom for CanadianThanks for the advice 'Throw it in a hole' - my thought is that LTS could defang all these 'eliminate-the-dividend' dudes by reducing the dividend by 25% to $0.06/share and then continue on with the business plan. On the way through they could use their share repurchase power to spend the $40 million sagings by more active involvement in the market. I actually like them spending their money on drilling but it is not a bad idea to try a catch a few of the shorters with their pants down.