Capital ReturnI was a lot more concerned about the gong show during that conference call leading up to this decision, than the decision itself. I think Cooperman showed in 30 seconds on the call that if the BOD really understood thr remeasurement they wouldn’t have still be talking capital return. We had thr CFO openly contradicting the board which was just not cool.
This is a bump in the road, it’s frustrating that remeasurment but it’s only a function of V price rapidly dropping. There’s no impact when price is stable. They are still making money at $7, it’s really quite an incredible story.