GREY:ZARFF - Post by User
Comment by
pablo87on Apr 02, 2019 1:46pm
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Post# 29571272
RE:RE:RE:Paving season starting WCS jumps to over $71 Canadian Pesos!
RE:RE:RE:Paving season starting WCS jumps to over $71 Canadian Pesos!I know how you feel...- there are very few buyers...investors can put money in 50 or more O&G that are way down as well, why choose the smallest one with the lowest share price that almost went under in Q4?
They seem stymied, paralyzed - they haven't actually taken any action in the past 3-4 years unless pressed by financial stress.
For example, they could do a 10:1 reverse, would make the market more liquid instead of this 3-3.5. Nope.
Or they could do an NCIB, let some folks off the boat. That would be 46M shares off the float which would be 42M more buyers than there are now! Cost over a year? $1.5M! Nope.
If nothing happens by the annual meeting, I'm going over there and raising a little hell.