RE: CawCaw take on things9 Aug 2021 07:49
If there was no prosect for the company to increase in value MC to rise , SP to go up , acquisitions to settle, dividends to be paid you might aswell shoot yourself now . Businesses have to be forward looking like the statement says , no guarantees.
I've not been a holder long enough to have my outlook soured and hope for it not to be , luckily I'm not in charge of the company business decisions (thank god he says) AM is , he made the right decision so far
buying a near bankrupt co. for 10 s of millions of dollars
100 s of millions of shares and ONLY producing a few hundred barrels of oil a day .
In my opinion .
M22C