RE:RE:Whr is catalyst now??
kind of confident that this company is going nowhere , rather waiting for them to make payments. With oil prices at a respectable stage and good asset base. It is impossible for them to declare bankcrupcy. Also with alfa and ohara in the company no deal with catalsyt is possible. Only option is payment of interest , which they can do from cash in hand , and can still run the company in current oil pricing. Right now they are trying to negotiate the debt by creating a panic in the markets Aand big houses are making huge money by shorting it. Wait for a big news and you will see atleast 125% in a day.