RE:RE:RE:RE:OK NOW WHAT HOLDING THIS BLANK STOCK BACK.?Play nice boys.
Paul likely would have entertained this idea of buying Astra because he was worried about Surge's viability. He must have the bank breathing down his neck. This give Surge 25% more potential free cash flow with no additional debt. So this is simply taking off alot of financial pressure in favour of big time dilution. He must be having trouble sleeping at night.
This has made Surge much safer to invest in....but the upside is now only 3/5 of what it could have been if he trusted the resurgence in the oil markets.
It's still a raging buy at these prices and that will play out in the next year if oil holds up. And it will.