RE:RE:RE:RE:RE:RE:Estevan ---- Any apologies?I like buying back the debt because it's a double whammy to the interest payments and balance sheet. Share buy back is not my favorite thing to see in a company before they pay down debt. But sometimes you have to make strategic moves. This is one of those cases. If the forecast for oil will allow you to cover debt obligations, then you make a run at the shorts hard while giving back to the shareholder that is only rewarded for share price here.
If it's a takeover in the works, you use the extra for three special dividends next year to drive the price up.
But debt is number one to pay off if there are no threats of takeover and large short positions. But we have both. Time for management to take the share price up.