Not sure where some of the optimism comes from - basically they are selling their assets and trying to "go again". Now trying to dispose of assets in a depressed market (oil price wise). In the meantime they are raising capital from existing shareholders to fund admin cost. I sold recently because I am not sure about the strategy. Long term oil & gas in USA I have no issue with - but without a clearly outlined strategy as to "what we are doing next", I am no longer convinced. If I want a cash box, I go to a bank. Hopefully there is a plan but if nobody is sharing what that plan is...I am taking my money and moving on. Good luck to all holders!
Not sure where some of the optimism comes from - basically they...
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