RE:RE:RE:Approx 950,000 shares repurchased and cancelledVermilion usually reports share repurchases at the end of beggining of the month.
I've been holding for about 2 years. I'd rather see them repurchase shares now at these lower amounts and increase the dividend later.
I'm sure once they report that the montenay battery and the European gas (Croatia/Germany) are online/producing the daily BPD total will increase and share prices will rise.
Hopefully the IRish windfall tax challenge that was recently filed and fast tracked will be successful and that 99M Euros are returned to Vermilion (Should be able to use previous tax losses to offset gains)
Vermilion has accumulated significant losses that can be carried forward indefinitely to offset future trading profits, under Irish tax law. However, this does not apply to the liability to pay the solidarity contribution. That's why Vermilion is doing the court challenge