RE:RE:RE:I smell an announcement commingAgree - exactly. There seems to be no immediate rush. Circle the wagons for a bit. Retrench. Create a cushion.
SilenceDogood1 wrote: Just to play devil's advocate - why would you buy back debt at these prices? I think given the poor commodity prices over the last quarter and today you would be a bit careful with your cash. Once the two cash interest payment stipulation in the junior indenture has been met (January 31, 2024) as described by Contrarian you can start buying back stock from the restricted payment basket. This could very well spook the bondholders and allow you to buy back debt on better terms (size/price).