Some thoughts from the twisted mind of a beerguy.
If I'm DDH and see SWK coming with the drilling business I say beauty that looks like value to us but we don't want that dog Orexplore. It costs 6 million a year to feed the bloody thing.
KS is running around saying you can have it and look at my valuation of 45 cents a share. Because Im a good guy you can even buy some for 25 cents a share. DDH go "yeah, na"
However at say 13 cents which is cash backed (albeit diminishing roughly at $500k per month) you can buy a piece of it at no premium. If you genuinely thought it had legs you would have a crack wouldn't you?
Some thoughts from the twisted mind of a beerguy. If I'm DDH and...
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