I haven’t held for anywhere near the time that you have and only bought in when I saw their announcement about the new rigs. I am still marginally above water, but management has consistently stated that have the choice of the 3-4 options. They appear to be making responsible decisions based on the fact that the resources industry in general, seems to be on a downer. Indicated by the significant pay-down in the debt, they now appear to have even more options than previously. All I am doing is trusting management to make the best decisions they can based on what information they have (but perhaps which we don’t !). With your luck you would cut and run, and the SP would rise significantly or some other catalyst would occur to make the SP rise significantly ! I know that’s what would happen to me !!!! (LOL)
MSV Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
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