RE:RE:RE:RE:RE:June StartVET bought back over 1.2 mil shares in May just like they did in April.
At that pace per month they could retire 10% the max allowable under the NCIB.
We should start to see some traction in the share price after the next ER when its reported.
In the meantime that oil dip hopefully resulted in increased buybacks for June...we'll see in July.
GLTA
Quintessential1 wrote: *TTF
GLTA
Quintessential1 wrote: Great for buybacks though. Especially if they are flush with hedged and TFF gas revenue.
GLTA
downwithdotcom1 wrote: indeed-OPEC extended voluntary cuts as expected into 2025 but changed the wording for hard quotas to allow for potential increases if/only as needed..BAD NEWS-just allowed the dark pool hedge funds to start selling/shorting everything connected to oil on this ambiguity AS ALWAYS..with today's bad API report (inventory increases across the board) confirmed by bad EIA numbers tomorrow we could be testing $70 WTI as the market almost always goes into oversold territory...easy come, easy go i guess..WORSE NEWS is that VET is a higher BETA trade and therefore almost always sells off more inspite of a highly profitable hedge book and the recent spike in EUR nat gas..stay tuned..dwdc