Post by
energee on Feb 27, 2021 9:05pm
Flip the Conversation Around - Cashed Up
For a Jr Co., VLE has a significant cash balance and will get more in the till if they can close the sale of the legacy assets.
They trade at about current cash value with no recognition for the pending asset sale proceeds or whatever else they are up to. I assume they are marketing the deep gas play with a baited hook and hope they catch something.
Comment by
Shell2020 on Feb 28, 2021 6:55am
Bait? A company more water interested than Equinor??
Comment by
bandit69 on Mar 01, 2021 2:57pm
Equinor? what do they know? Did they know VLE has sooo much cash on the balance sheet and no debt and will pay a dividend (hmmm is mentioning a divi considered bait? :)) someday?? lol Stick with VLE not a failure like Equinor, obvio.