I don't know what you are smoking but only 1 number mattters$6.39 US as I write. Loukas has been CEO for almost 5 years and this stock is under $1,00 US presplit. You people like what this guy Bond posts on this board are not investors. I don't know if you are hobbists,pumpers,dreamers or smoking too much weed but what you post has no understanding of the reality of investing in an equity. Here is a number for you people who like Bond's posts. I will make it way simpler than Bond's intricate spin posts. OBE is trading at $6.39 US after 5 years of Loukas as CEO. That is below $1.00 presplit. Without the reverse split Obsidian is stil a penny stock. How do like that number?
Loukas has failed and needs to be fired. If anyone had any job let alone CEO of a company with his track record of not creating shareholder value they would be on the street looking for a job. It is only the feckless cronies on the board and dilusionary people like you who invest in Obe and vote for his rich compensation program that keeps him in that position. You keep the nonsense hope strategy in your posts on this board going with fantasy projections that the market obviously does not agree with these past 5 years. By the way, undervalued is only a valid positive investing viewpoint if the management in place is capable of taking advantage of it. Loukas has proved over the last 5 years that he is not capable of creating shareholder value as evidenced by the reality of the stock price as determined by the market. Believe me it gives me no pleasure as a long term OBE investor that goes way back to the Penn West days to post this view. But I have seen the same type posts of OBE's now for way too many years. You people need to wake up and realize that this is an investment not an exercise in projections,fanatsy and happy talk. The stock is $6.39 US. Get freakin real !!!!!!!!!!!!!!!!