RE:AOI looking cheap and buying back its shares Haha when one can easily earn 10%+ on prime corp debt and 17% on ENCL it's clear AOI BoD is so far out of touch with investors they just use SH capital to line own pockets with options, massive perks like jets and six star business travel where hos are charged to room, massive bonuses and salaries.
If they weren't sitting on highly likely $5B in oil sales cash entitlement Id be long gone. Even then the massive risk is they don't pay out anything even in seven years because they need to save for the cycles like now.
Heck, my CDN consumer lending is yielding %35 at massive political risk of commies making interest charges illegal to protect bankrupt population LOL