RE:RE:love the div.....I fear that we will lose the dividend but not becuase its cut rather I think Waterous is trying to take this private quickly.
Waterous was very open about how much he liked the CEO and how cheap everything is. With this cash flow generation and Cacuts Lake advertising negative decline rates my guess is they will try and take this private around $4.
I will be furious if that is the case as fair value, even at these prices, is closer to $5-6 without considering any future increase in oil price.
I'm very worried about this.