RE:RE:May presentationExactly. This is ridiculous but I guess shorts playing the wild card spoiler hoping more Made in Canadiana issues. It is sentiment driven at this point so they keep churning till significant issues resolved. For instance the bank line renewal, then trans mountain decision, then opec mtg, then fed elections. These are perhaps key milestones and till then appetite weak in sector so they can plan these games in this limbo purgatory period.
GF knows his cards and game and does not need to burn shorts with small div raise as in meantime while getting to debt target he is amassing big shares for premium discount so his own personal bias is to just truck along till ready.
The Q2 results will be telling to show debt draw down as Q1 with winter season not geared for cash flow drawdown.
As mentioned before this is a div payer. Through all marker developments and stories the simple truth is the stock correlated to div yield and till div raised no interest when oil majors pay way more. To go into smaller player like BNE need assurances major bottlenecks out of the way and that will happen with political developments. We are almost there.