RE:RE:RE:RE:RE:RE:JUST SOLD MY FIRST AOI IN 12 YEARS FOR MORE CPKCAh, Gotcha. I wasn't putting any value in for that anyways. Bought some on the dip and still holding... Still unsure exactly what to make of this... All the investors appear to be totally fed up with the company. It's a "this could be a 5B company by the 2030s" but also they are sucking on Prime until they can get some sort of production going. I imagine many investors thought this would be a 5B company in 5 years... 5 years ago. Then again, past performance doesnt blah blah
They reward themselves... they are definitely overpaid but rationalise it through the $325M over the purchase price of prime that they have gotten. I agree that they should just ramp up the dividends or the buyback - I believe dividends would be better because they'll get more dividends from their free shares.
To your thoughts on Q1, yes it wont be great with no Prime dividends and the shutdowns being mid March for 30 days or so. We'll probbaly see $2.09 if we dont bounce off ~$2.30 obviously depends on oil too.
Other than this.. I don't know. I'm along for the ride, I have the timeframe to wait and see.