Post by
gasoholic on Sep 19, 2021 5:04pm
Insider update
From January 1 to Sept 19th there have been about 200,000 shares bought by the senior officers of the company. At app $C 120,000 thats not much but there are 2 other factors.
1) These were all bought under acquisition plans, meaning that they were bought at discounts through the company and presumably would not have been bought if there were no plan.
I don't think this was dilutive as the shares were bought on the open narket.
2) There were absolutely no sales from anyone. All the senior officers plus directors, plus investment funds have a ton of shares.
I didn't check warrants, options etc, and there might be some surprizes there.
Comment by
downwithdotcom1 on Sep 21, 2021 8:48pm
cheapest = WORST PERFORMING..zero management credibilty?? not sure, no investment here , too much SCAM trading..always quick to SELL OFF, much harder to come back. RINSE/REPEAT..look at MONDAY - down a full 10% ..some of the other juniors also sold off but they almost always come back alot faster..only answer : TRADE THIS STOCK...dwdc
Comment by
baranja on Sep 22, 2021 3:57pm
Not much of a debt here,.. There is something that comes next year,. the rest of later on. I don't think people understand how undervalued this stock is.
Comment by
baranja on Sep 22, 2021 4:42pm
I agree,. only to blame here for this horrible Stock perfomance is the management. They have to help out their shareholders. Q3 numbers will be insane numbers comparing to Q2. They are producing now 30K bpd and selling it for probably about $72 USD per barrel. With better and no hedging,.. netback will be huge. I don't know what else they can do to screw this up.
Comment by
tigris72poo on Sep 24, 2021 10:38pm
I don't know what else they can do to screw this up. make another overpriced and ill-timed acquisition? Would be just like GG except that the bankers won't lend him any more