Thanks Cam----great analysis
I guess the company was way overvalued in the first place--I wonder what analysts helped this happen.
Clearly they can't fund Capex from earnings in recent years.
You would have to think that some time they can stop buying new rigs and actually pay down some debt
And that Chairman's salary ---- almost obsene
Keep up the good work of educating us sheep
bly seeing in the context of shareholder value, page-4
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