Arcan shareholders who decide to ride this out are going to be stuck with a company that by all indications is going to stay in the dog house for some time to come.
Not at all impressed by the utter disregard of previous Arcan mgmt to their responsibility, accountability, leadership and overall business ethics.
It still remains to be seen whether they have cleaned up their act and can turn things around following the recent management changes.
IMO the only hope for investors is if Arcan can maintain production forecasts and able to keep their bank lines intact, giving them more time to see improved response from their waterflooding activities, overall cost/debt reductions, improved netbacks, and finally a takeover to put us all out of our misery.