RE:I for 10I agree with much of your post but offer a few alternate suggestions. Management does need to do something different but rather than a share consolidation, perhaps being a little forthright with shareholders might help. For example, it would have be useful to have a little colour regarding all of the executive changes that have taken place.
Also, while the math that you outline in paragraph @ 2 is certainly correct, perception may be somewhat different. For example in the case of Gran Tierra Energy, the share price dropped from over $12 to close to $6 during the 5 for 1 consolidition phase that took place from April through June 2023.
As regards NCIB's, I have aways been in favour of dividends as opposed to share buy backs unless the shares are trading at a huge discount to their intrinsic value. That is not the case at present especially after the recent asset right down.
And finally, I fail to understand the view that the LCFS shareholders should be made "whole". There is never a guarantee when buying shares and the fact is that those persons that bought LCFS shares simply made a bad investment. As did those of us that bought TWM shares!