RE: Buybacks4 Sep 2024 11:18
The market is more concerned by the ARO plus debt combined as ARO debt that not be valued right.
Rusty really hoping gas prices rise and then all his problems have gone away as he can with great free cash flow settle debt and do more BB, which will in turn improve the SP, he have remember the company has no direct influence over market sentiment.
we still the short term, it longer term that will be the weighing machines, II have the patience and can see beyond, the shorts really play on RI who maybe lack the vision or too flaky , however sometimes they do get it right wirecard etc sometimes they get wrong and get wrong VW etc
As much ppl say we not tied to oil and gas prices as we hedged but the reality is we are business that produce oil and gas, yes we could be worse off if not hedged but past we had to declare paper losses when gas prices shot up so bit double edged challenge