GREY:LSTMF - Post by User
Comment by
bushhog1on Jan 22, 2015 11:35pm
258 Views
Post# 23354524
RE:RE:RE:RE:Debt
RE:RE:RE:RE:DebtPaying only $0.88 for a company with a tangible book value of $9.78
is the greatest steal of all the energy companies.
Others have higher book values, but their share prices are way higher.
Will LST survive ?... I am betting on it
Cutting Cap spending and dividend shows Management is taking the right steps
for the Company's survival
Unlike gold, Oil is a necessity and will always be needed, so it will go back up.
Lets say the company don't survive, the sell off of the assets in parts
will surely fetch you more than $0.88.
( book vaue is net of debt)