Its is crazy the share price being what it is considering the cash in the bank, loans SHE has made to proton and the New Certus well we hope will to completed. soon
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Should some of the responsibility of the share price being low should rest rest with the CEO i don't know, i know BRK is doing financially well but again its undervalued significantly, but SHE is still more undervalued .
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Maybe people think oil is going to made illegal or something, good luck to any government that does that, their would be out very quick or else people will go hungry..
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Or maybe people dont follow what the company is doing that well, also some people are under home loan stressed coupled with high inflation so maybe they sold out to meet home loan payments.
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I think the CEO has a young family, so meeting the home payments is probably a priority, Still he has options,seems foolish if he does not intend to meet them ..cant think of a company for which it would not be easier.
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Hopefully when output of new well is measured will see a up-blip, then a delayed crawl up as more wells open.
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Its good that you are voicing your concerns in a honest and open manner appreciate it creditdumbness, at least it will keep the CEO on their toes if he wants to keep his job
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