If a person had a spare 100k-what would u buy....If a person had a spare 100k-what would u buy....and it can not be any more OBE stock...what you people choose:
I would do IPCO at 7 bucks in a heartbeat.
It will be 10 dollar by March 31, 2022 with very very little risk other then commodity prices really tanking.
They have bought back already close to 6m dollars worth of shares...like 900,000 shares and they just started the program in December. Crazy agressive.
Sharebuyback program may eventually care them to 8 just on it.
Only downside...very very illquid stock and doenst trade volume.
Also not marginable for me ever.
They also have some of the best debt reapyment I have seen in 2021 and they had some unfavorable hedges.
Would love to see IPCO take a run at buying OBE at some point in time. IPCO will be debt free soon and management says they are on hunt for take overs.