GREY:BXEFF - Post by User
Comment by
Snowhouseon Jun 25, 2018 7:36pm
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Post# 28227085
RE:Shareholder revolt
RE:Shareholder revoltI am with you on this.
The most frustrating part is that if you visit BXE website, the first thing it pops up is the text
Providing share value through drilling, development, and targeted acquisition.
Where is the Share Value here? What are they talking about?
I also believe that the Asset Value that they talk about is not considering the current O&G sentiment. If they put up the company on Sale today do they get $ which they have accounted in BS? I highly doubt it.
It is a perfect example of "All that glitters is not gold". Unfortunately, I got blind sighted by the glitter of book value and the historical high sp. Learned in a hard way that it is not what it looks like.
stocksnbonds458 wrote: Seriously, seriously we should at least attempt to assemble as a group/voting block, appoint our own directors and and force a sale of this company. With 750 million in assets after debts are paid there is a small fortune here for us!!!!!