RE:Two outta three aint bad .......2. OK, no takers so far ! There has been massive capitualation in the oil price over the last 9 months as everyone can surely see. Why would management give the same financial terms 8 months later when the entire market has changed ? Didn't they pull convertable debentures because they not in line with current market conditions ? Why the double standard with your major shareholder ? Is management acting in shareholders best interest ? How much of the company does management and his buddy control now ? And finally what is the definiton of toxic financing ?
All IMHO