RE:RE:WOW ! HEAVY VOLUME & TAX-LOSS SELLING DIMINISHED !- ever since the Europeans TAXED the HECK out of the VET NG properties with their OBSCENE EXCESS PROFITS TAX, I have NOT EVEN LOOKED at Vermilion Energy
- I like BIR for two reasons:
1- it is UNDERVALUED with the 'EXPECTATION' of HIGHER NG prices
2- I GREATLY APPRECIATE their PHYSICAL and MARKETING DIVERSIFICATION STRATEGY AWAY from the AECO price SINKHOLE
3- the DIVIDEND is a BONUS IF they KEEP PAYING IT but I will HANG AROUND even if they CUT IT or ELIMINATE it COMPLETELY until BETTER TIMES
* the chances are GAINING that the present dividend is SAFE (?)
* I am 'expecting' POSITIVE OPERATING MARGINS in Q4/2024 (?)
z173