Is the market working?NVA purchased 103 million dollars worth of shares in the 4th quarter, over 4% of the outstanding shares well at the same time had stellar operational performance.
With a 4% reduced float in shares in one quarter, the share price does not reflect the value of the shares.
4th quarter production was a record 85.900 boe
So you beat your production target, you buy back 4% of your shares, and increase Wapiti and confirm your 2024 guidance.
Way to cheap and a screaming buy at these levels.
IMHO