GREY:ZARFF - Post by User
Comment by
nkbourbakion May 22, 2018 11:22am
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Post# 28063406
RE:RE:RE:Annualized CFPS of > $0.60 starting July
RE:RE:RE:Annualized CFPS of > $0.60 starting JulyCardboard1 wrote:
Pretty clear that they do not consider status quo sustainable:
"Zargon's board of directors recognizes that Zargon is a suboptimal size to operate as a public oil and gas company in Canada, and continues to explore alternatives to allow Zargon to continue as part of a larger, better-capitalized entity."
I noticed this wording in the most recent investor presentation, too. Is it new?
In any case, I'm frankly surprised to see the debs still trading just under .80. And there's a reasonable amount of supply. As it stands now I"m seeing over $100k face available at .80 or below.