Post by
CdnOilObserver on Feb 03, 2021 1:54pm
CPG Management Needs To Step Up
With current WTI Oil trading in the $55 range, the value of CPG is being heavily discounted. Management needs to step up and take corrective action for shareholders and bring the price up. A year ago, this was a $5.00 to $6.00 stock at $55WTI. Management needs to reinstate the dividend or restart its NCIB program.
Comment by
Bpultra on Feb 03, 2021 1:59pm
= ============= I agree... now would be a great time for that group who wanted to take over to try again.... the CPG insiders better have something up thier sleeve .. before covid it was $6 bucks...
Comment by
Anschutz on Feb 03, 2021 2:40pm
Absolutely. This needs to be done before the next AGM and any vote they will try to pass regarding executive compensation. Management missed the boat with the NCIB and demonstrated they only used it to help keep the float down while gifting more to themselves. Shareholders need to say screw the NCIB and reinstate a dividend that clearly shows they support shareholders.