RE:RE:RE:RE:RE:RE:Deep Basin Production - effectively 250,000 boe/d 25% Liquidgeemonet, keeping the share price down just to buy back shares is a terrible strategy. Shareholders hate it because we make money either through dividends out of free cash flow or share price appreciation. That creates the risk of a company take over at an unfair price to all shareholders. Of coarse management does better than common share holders in a take over ie. change of control provisions. Sand bagging earnings is one thing but letting your share price hit the skids is another.
NPF