RE: SP and Gas Price13 Feb 2025 15:48
The Gas price does have a positive impact. It drives up the SP but there are a lot of people waiting to sell into any gains to around the 17$ mark. Sadly the shares given away as part of the acquisitions will not be held for long term investments. Just sold as quickly as possible for the best short term price. We have a long wait until those are all cleared. All having a negative impact on the SP. When gas prices fall below 3$ as we approach summer, the SP will take a bashing. Another self destruction of the SP by un-trusty Rusty. In the last 2 years, he has had an absolute disregard for share holders. Probably because the management shares are given to them for free. Why should they care what happens to the SP? They give themself more to compensate!