RE:Where do we go from here ?Very challenging environment and most service companies coming out with updates under the new commodity price environment
no update or communication from Macro so shares are weaker
most service companies can still make positive EBITDA, cash flow and free cash flow in weaker commodity price environment
no update or communication from Macro so unclear what their business looks like
all capital projects should be shelved and 100% of free cash flow utilized to buy back shares
small buyback thus far, no update on capital plans since last quarter -- good companies are slashing capX
MCR is a public company and if value cannot be created taking internal steps then strategic options should be pursued including discussions with larger construction companies focused on Canadian/energy end markets