Long Run Explor Ltd Ord WFREF

There you have it!

[theman0]

Dividend cut in half.

[Piperdown]

Yah, but until the next one. This month's is still $.035 per share. What were they thinking??? These guys are not very smart, IMHO. This deserves to go to zero. This doesn't mean I won't be playing it in and out over the next little while. I just see the management team as a bunch of bozo's for not cutting the dividend for this coming payout. Almost every other company did, and

[barneyj44]

As a long time shareholder I'm not upset that they haven't cut the dividend completely, with the added drip those long will be adding at these depressed prices .I'm calling the bottom, time to cover your shorts.....

[theman0]

Well, I guess you can't please every one, especially moron's like yourself. What is really funny is that you think you know better than them, seriously?

[Piperdown]

@theman. You are right. They have done a fabulous job. NOT!!!!! Yes, energy shares are down across the board, but not any the amount of LRE. This is the worst one. Oh by the way, I am the moron. Let's evaluate. I just made 50% on TLM for holding since Friday, and you have been averaging down on this. Who is the moron.

[theman0]

That is another funny. Now you think you know what I have been doing. I could have shorted it all the way down for all you know.

[99999gold]

that's laughable, you wish you did - oh is that's why you have me on ignore? right....

[greenhawk]

Many rely on dividends for income so you have to respect them for giving people time to adjust. Personnally, I cannot see oil staying at this price for very long. Supply will get cut by way too much and the balance will shift the other way within a few months.  If that is not the case I am sure they willl cut more. But I see this as a prudent and realistic cut that doesn't kill income

[theman0]

I could not agree more. I don't no anything about LNV, but I like the way you snuck in that little plug for them.

[greenhawk]

Sorry I meant LRE