Kwaidan. Unfortunately I think you are correct.
(PF,.received a response)
Market sentiment is well down and it is impossible to swim against the tide. Add to that their woes with ARF ,which have no sign of going away quickly, the fact that some drilling operations won't commence for a couple of more weeks and Schwing#2 not until next year there is very little to keep these afloat. Given that the rise in oil these have done nothing. They look more and more like a one trick pony waiting for results from Schwing#2. I feel management are portraying this as well which doesn't help. If The hole doesn't deliver due to this perception these will hit rock bottom. Sorry, worth a small punt at best.
Kwaidan. Unfortunately I think you are correct.(PF,.received a...
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