RE:RE:$3M mth Net Profit on $30M mth ExpenditureSuppe11 wrote: Aoi was cf negative last Q and will probably be for the next Q. They'll have to pay 5 times overhead...Impact, Eog, Afe need money. Totally useless company structure. Total will cashcall Impact do death. Noone will buy their Venus interest for a premium.
Your comments about Vle are off anyway. You're under water with Aoi, that's all.
Haha my 100K AOI is avg 1.89 all free thanks to two VLE swing trades in 8 weeks and core holding at 1.20 that have swing trade for 5-20% profits several times in last year.
Math is hard: AOI Q2 EBITDA $110M
Buying into the various offerings is optional and not really material with their minority positions next to NOCs and super majors, in the context of their $1BN credit line and $170M cash.
VLE had to dilute SH 20% weeks after SG "non dilutive" statement just to come up with $20M LOL.
AOI directors have been buying up close to $1M in shares last weeks while VLE is zero eventhough they are residents in a very low tax juridstiction / money laundering haven.
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