RE:RE:Deutsche BankAs bobby1231 says,
what if Alfa and the Venezuelan boys make an offer for the rest of the shares they don't own to take it private while they reorganize its capital structure, expecting for better oil prices...
it's also a posibility...better than left the company to the bond holders with actual oil prices..
Market Cap : 414 m they will be buying the rest for almost for nothing..
5,375% Pacific Rubiales Energy Corp. (2019) Last 16.53%
https://www.boerse-berlin.com/index.php/Bonds?isin=USC71058AD08
The only way the share price goes up is if the oil price recovers...Let's see what happens with the FED tomorrow, because if the oil don't recover, i won't be surprised if PRE goes private if not bankruptcy