any news on debt for TOU shares swap???deadline was yesterday so they should ahve a good idea on how many bond holders accepted the swap along with insiders?
there should be an announcement at soem point or are they extending the offer to get more participation???
don't forget the more bondholers that swap the better for PMT in reducing cash costs and increassing netbacks.
of course prices are still quite low but they are hedged for 70% at 2.19 /mcf or was that GJ???
I wonder if they will start layering in hedges for 2017???
oh as we wait for more news, I'll keep posting my invetment accumen because I know lambs loves that sort of news, right lambs?