GREY:BXEFF - Post by User
Comment by
An1588eron Aug 14, 2019 1:03pm
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Post# 30027835
RE:WE MUST SEE MORE MERGE'S
RE:WE MUST SEE MORE MERGE'SYes, I agree. Anyone who has held this through the reverse split has been decimated and would likely make the choice to sell and cut their losses. However as I've mentioned, with the reverse split behind them and the recapitalization transaction, they are buying some time. Their payout ratio is still too high, however if the natural gas price improves, which the odds are likely it will, this will easily reach $2 and very likely much higher.