RE:RE:RE:RE:By not accepting the deal who did you help outIt was the obscene $116 million that management were getting that caused the proxy vote to move to O Hara's corner.
To deny them this unjust reward was the driving force.
It worked.
Ohara had no plan B because he did not need one.
Now, that group will attempt to get rid of management and set up a new deal.
Even at $55 oil, PRE will still cash flow over $2 per share.
The value is there.
But not at $45 oil