RE:Bte resultsbartno12001 wrote: So now you guys see why I was so aggressive in selling. Q4 was horrible for company. 2018 year was a loss and also now we have to deal with impairment charges. Company is leveraged to the max and net debt increased too. Baytex just gave investors a carrot that they can pay 200 million if all of this happens but my friends oil price ain't going up this year too. Plus baytex wants to renogiate on the line of credits (which will happen). Indirectly baytex have also told the market that 7 or so will get them to sell the company. I will sell more shares. Baytex is a lost cause. It's a sad day to see a darling of oil market come down to such a level. Short term price 1.50. If oil market doesn't recover we go below 1..
I don't agree with your analysis. You are showing an EXTREME view. There is still VALUE in BTE.