GREY:BNKPF - Post by User
Comment by
BrokerGon Sep 12, 2017 9:18am
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Post# 26683841
RE:RE:RE:RE:RE:RE:RE:RE:RE:Price
RE:RE:RE:RE:RE:RE:RE:RE:RE:PriceHi Himmler,
From the company's perspective, if the share price does not reflect the fundamentals, they do have options. I was pointing out a few options they may have. We are still a ways from even contemplating this as a viable course of action, however.
Further to my previous post, another reason for seeing this increase in selling, and share price decline, is that the market viewed the well results, as dissapointing. Personally, I thought one well producing 405 boepd, with less decline, was a positive but I am not an oil and gas expert. It will be interesting to see what Macquarie [ the only firm following this stock] thinks.
Hopefully one of our followers can post their stock analysis.