RE:RE:RE:RE:RE:RE:RE:RE:Opinion for a dividend
Follow the plan set out, pay down dept to well below x1. Buying back shares will raise sp, hope to see down to 400M range. No dividends until a good foundation of low to no dept and reduced shares floating around. Look at how much interest is paid just for long-term loans and the negativity of a high long term dept. Say BTE starts paying dividends too soon and oil prices drop 1) they stop the dividends and sp drops, 2) they keep the dividend at low oil and bte is back in a high dept situation (divided too soon = meow meow)