FAR 1.06% 46.5¢ far limited

20c puts us at market cap of $750 million, not $500 million. I...

  1. 6,094 Posts.
    lightbulb Created with Sketch. 93
    20c puts us at market cap of $750 million, not $500 million.
    I guarantee a ton of folks will sell out at 20c

    The idea that someone can put a private T/O bid to management is nonsense.
    If someone wants to make a bid, they have to declare it to the market.

    Management can make recommendations one way or the other but it is the shareholders who decide.
    It all depends on who makes a bid as to how high the SP can possibly go.

    Anyone but COP is my preferred option.
    I would like to see oil get back to at least $50 toot sweet and for our SP to get back to at least 10 to 12c before anything happens on the T/O front.
 
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