RE:RE:RE:RE:RE:RE:Q3 Agree to disagree... I think a big reduction to the debt would bring stability to the share price and decrease volatility... Lesser debt = lesser volatility = lesser alpha... I for one would appreciate for the stock to start stabilizing and not correct 50% just because WTI drops 5$.
I dividend would certainly attract investors looking for income... and god knows there are a few out there in this kind of interest rate environment... But with too much debt, you will still lose on a big alpha spread due to the inherent risk...
But like I said, in any case, I will let the board decide here.
FYI, I'm thinking you probably meant BNE rather than BTE? In anycase, it's cool, we got what you meant.