Post by
bago on Oct 28, 2022 8:12pm
Going to be a bad Q3
Production down, debt keeps rising and no money for buybacks. Wouldn't surprise me to see this go back down to 1.5 or so. 10% dividend does nothing when you account for share depriciation. The best thing for shareholders is if this get taken out but good luck.
Comment by
oilwatcher13 on Nov 09, 2022 11:44pm
SO BAD THEY FORGOT TO RELEASE IT!
Comment by
oilwatcher13 on Nov 10, 2022 12:17am
MAYBE WE WILL GIVE THEM ONE MORE DAY!
Comment by
pacer217 on Nov 10, 2022 8:07am
What are you typing about!? Q is not due until 5PM tonight.
Comment by
mjh9413 on Nov 21, 2022 10:38am
No share appreciation, it has been nothing but capital destruction!!!! Have to think the current action is a bit of tax loss selling but agree and, truly, until Medellin there is no likelihood of improving financial performance so why not get tax advantage for now even if egregious capital losses.
Comment by
cyber37 on Dec 04, 2022 2:32pm
If shares will be ~ $10 on 5:1 consolidation then this may bring some margin traders in. Yes, more speculation but also more life on daily basis …..this can be positive. Still, at this stage CNE should be paying depth, expand resources and grow production instead of dividends; IMHO. G37
Comment by
Kingsale on Dec 09, 2022 3:41pm
I cannot see anything positive in more speculation ! Today, again tree shaking. It's not shorters, because it would be too expensive for them (shorts have to pay for divys). It's people who are selling and buying lower. At one time, they could get control of the co for peanuts
Comment by
Kingsale on Dec 19, 2022 2:07pm
New low since many years today. A clear example our 11% divy is ineffective ! For those who forgot it, in January this year, the mngt bought back a block of 5.3 millions shares at 3.15. Calamitous move. And who was the seller ? A friend ?