Yeah I'm the same .. mgmt actions pretty poor for some time can they be trusted going forward ...
talked up Montney for years to sell for less than they spent on it ..talk about amateur operators esp with Canadian LNG export terminal upside ...
Then to days later many in mgmt. buy more shares at record low prices ..
now is the case the Asset Sale did not proceed not only on the back of a downtrending Oil price but also because the Buyer didn't want the Montney project? and now that's out of the way we could see an offer for what's left?
So could see CE1 Canadian assets getting sold Cap return to S/Hs and the company delisted or just straight T/O etc?
CE1 Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
(20min delay)