Good point but we only hedged 50% of 2016 production. So, we are still badly exposed to price of oil.
It's not manipulated go and check out how badly other EFS producing companies are hit. Sea is highly levereged almost 6 times current mkt cap. and not making a net cash flow. What do you expect when our balance sheet is super fragile??
SEA Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held