Hey Waterous, dont be a grinch
Cona is doing well, we have the best cash flow among the Canadian junior oil companies. We have very low decline rates,so we are making money at 57.00 oil. Soon after Waterous took over with 67% of the shares they stated that the dividend could be sustained at 45.00 oil. But soon after they eliminated the dividend. I and many other little retail investors were caught in in the dividend trap. Where is all the money going, are we paying off our debt quickly or buying some high quality properties? Us little shareholders are being left completely out in the cold and Cona is being run like a private company. I see no share appreciation after the dividend was eliminated. So how about throwing us lowly investors a little bone, say one penny a month per share so we can have a bit of Christmas like mr. Waterous.