RE:feels like a pp to meThat was one thought I had as well but wouldn't it be crazy to do PP for either debt reduction OR a potential purchase of another company, or expansion, even if FCF is good.
Afterall, oil prices are decent now, but who knows what crazy event or organization can bring it down to the 30's and 40's.
You're 2.50 is a good point, anything lower may take the wind out of the sails in the momentum built up.
This company is just beginning to get on its feet and walk straight, I don't think we're ready for a running race or start paying a divy.
Let's see if an offer is in the cards