Post by
BSdetector2016 on Jul 16, 2024 11:17am
Regarding RE:Retest
Superior is totally reliant on propane pricing to goose market cap/share price. I agree 100% about a strategic review. It needs to be done with all options on the table, with heavy BoD input. There needs to be a business catalyst other than commodity pricing to get the company on the right trajectory. I've already outlined some of what needs to be done in a previous post.
"SPB needs to undertake a strategic review. The corporate structure is bloated. Managment is slow to do anything. There's no catalysts on the horizon. Allan MacDonald was brought in to turn things around. Nothing substantive has happened yet beside over paying for Centarus."
Comment by
1condor on Jul 16, 2024 6:42pm
BSdetector2016..some of what you outline is inevitable. Sooner than most think.
Comment by
Rocet98 on Jul 16, 2024 7:09pm
If we just take the USA Assets! For what they paid at the time 'Cdn' dollar was higher! There shares were higher at time of 'Offering' Time to utilize those assets! With the Cdn dollar trading at all time lows or at least several years! Why is SPB not making in the USA! Besides incompetence on derivatives trading!