RE:RE:RE:RE:Positive SpinIthaca has little control over their destiny, thus the share price languishes. They are totally dependent on the price of oil and Petrofac. However, they can do 2 things that would have a positive effect on share price.
1. Meet guidance for once. It is one disappointing quater after another.
2. Exceed guidance. What a concept. I would like to see them call for 12,000 barrels a day and produce 13,000. Now that would be something.
It will be interesting on March 31st to read the tea leaves. What about the Dons work over. Athena? Fionn?
I fear other skeletons in the closet. Management has proven they cannot be trusted.
It does make me wonder why I am still invested in this company.