Simplicity is GeniusPOU with 141 million shares, does not have share buybacks in the cards.
Really does it make sense when prices are this high that you want to buy back your shares at the top of the market?
POU is ahead of the curve and alway keep the share float in Check... Rewarding Shareholders - POU does not have to fix the balance sheet, zero debt
- POU does not have to buy back shares 141 million shares
- POU has 25% growth funded by Cash Flow
- POU does not have a hedge book that needs repairing
- POU has a nice dividend that keeps shareholders engaged
- POU has roughly 440 million dollars worth of NVA shares on the balance sheet.
- POU is comitted to paying shareholders special dividends
- POU has management directly aligned with shareholders
- POU has 2 million Acres of opportunity
- POU has derisked Kaybob North, Willesden Green, Wapiti, Clear Water, Horn River, Liard, Kaybob South, etc.
POU has a Peters price target of $50 dollars.
What more could you want from the stock, your not going to have to wait for endless buyback, you will be getting paid to wait, i want to get my hand on those special dividends.
IMHO