RE:Amadeus most certainly Ha! Well, you believe whatever you like about me. It has zero bearing on the discussion.
I stand by my comments. This company used to be called Builders Energy Services Trust. When the trusts were effectively shut down back in 2006 (by PM Harper by the way), many companies folded. Not ESN. When the crash in 2008 brought many companies to their knees, ESN kept going. When the bottom dropped out of energy and the economy as a whole in 2014/2015, ESN did what it had to do to keep the company running and keep as many people employed as it could.
Fast forward to 2020 and the pandemic slump. Yet again, ESN has survived when many others did not. I think it's disingenuous to and flatly unfair to say Management has done a poor job with the company and are simply in business to line their pockets. I think it's also insulting to say they have a "college level understanding of economics".
It seems to me that perhaps you diva, have little in the way of knowledge about this sector. Things are not back to "normal". Business is not "as usual". Competition is brutal in services right now. Companies are undercutting each other left and right. Customers are not willing to pay more eventhough costs for running service rigs are skyrocketing. So in this environment, I'm wondering what it is exactly that you think ESN should be doing? Start gobbling up other companies? Buy more deep coil rigs? What forward vision is it you would like to see?
Give us some concrete examples please.