My comment was in response to "but the notion of spending $7-$10M to "retire" a third of the shares (if my math is right) feels like its worthwhile. "
That assumes they can buy back $7-10M shares at the current price, which wouldn't happen
Special dividend would be very dumb. It would put them under extra stress for no benefit. Pay down debt, drill more or buy back shares. Will be interesting to see what Eric says next week
SEA Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
