RE:RE:RE:RE:Buyout.I'm not really sure, but so far things havent really been hostile. Paying the preferred share interest in equity kinda has been, but is also justifiable at the capex rate, and really not many exploration wells panning out. But really, with the BCGA not working out, dilution would really begin to accelerate if that keeps continuing. I think malone is looking to capitalize on this low point. Oil production will likely increase as most capex wells should be production based going forward... then again, those havent all panned out either.
If the company didnt have monthly debt payments, and the quarterly preferred, the current capex rate would be covered, and then some in profits. I dont believe malone can vote his shares... as it's a conflict of interest. But I may very well be wrong.