RE:RE:RE:Reading between the linesAre you kidding me? I've actually been a diplomat! What Nuttall was doing was terrifically aggressive and he's openly challenging CPG's management to accelerate shareholder returns. No thin veil, no white gloves. 0% diplomatic score. He telling us that he's going to have awkward talks with the management. It was all out there on screen.
cahclick wrote: He is diplomatic to say "he is not sure".
Any shareholders that have been around here hor years know already that Management doesn't give a flying rip about shareholders.
Today's pathetic share price is totally because of the lack of trust/confidence in Management.
The company metics suggest that debt can be paid down, shares can be bought back, dividends can be increased BUT who says Management won't go buy another $9 billion of debt.
This company should be flying but it's unlikely to happen without a major shakeup.
all jmo
glta
CdnOilObserver wrote: Nuttall also stated "he is not sure that the CPG Management 'get it' with respect to returning capital to shareholders"
CPG will remain bound in the high $5's and low $6's until they can demonstrate a fair return to investors for the risk of investing in a small-mid cap oil producer.