RE:The Share PriceDude, need to chill a bit. I agree that management needs to say something, but it's been literally 3 days since this started training. There were a few scant trades from 60 to 1.24, but nothing with volume, and the market is just beginning to find a stable valuation around 25-30 cents, with some bid support today.
CEC share price doesn't reflect "dead money", it's just waiting for news from management on how they are going to fund the restart at Sawn lake. Given the reserve report and previous operations, this is grossly undervalued if it is able to get things up and running again and WCS stays in 70-80 range. I think oil will recover a bit based on supply demand dynamics.
But yea, it's been 3 days after closign a huge deal. The sky is not falling here..