RE:RE:Not long ago here No contest on this one. OBE for sure.
in the past 12 months Surge has:
rolled back their stock 8.5 x1
sold assets in their core area on the cheap
Completed 2 takeovers at poor relative metrics because they were debt free. Basically they did a share isse at the bottom of the market by another name.
canceled their cheap financing in order to pay twice as much interest just to be able
to institute a dividend
brought back their dividend about 6 months too soon
entered into 6 - 8 months worth of awful hedges.
You could make a lot of comparisons to obe say 5-6 years ago, but we are a much cleaner organized machine now. I am not convinced Surge learned anything.