RE:Once the company do RS, no serious investor investPhlylosopher unfortunately you are 100% correct. The odds of E recovering to pre split valuations is very low, especially after the sale of TC Backhoe and Calgary Tunnelling. Len and Des sold off more than 50% of the company.
The Alberta economy is recovering. Kinder Morgan is proceeding. How much did E's investors lose because hese companies had to be sold?
I have followed Enterprise since 2009, the story and results remain the same; raise funds, buy a successful company, sell it after a 3-4 years because E's management was unsuccessful enhancing the business.
Q2 results will be released within a few weeks. I expect dismal results, excuses explaing the loses, negative cash flow, and more idle promises.