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Friday, August 21, 2015 2:08:22 PM
The answer is a resounding "YES" if they sell the deepwater and buy back 2B of these ill-floated shares... it would be a welcome "apology" and admission that they screwed up big.
Different flavors of the same theme include signing an EEZ partner with cash and carry, signing a Chadian deal with same, or a further farm-down of Kenya (my least favorite option).
Plan A, if they have any clue whatsoever, should be to regain investors trust. A share buyback is top of the list to do that, IMO.
I know, your opinion is different. I get it.
People maintain anonymity for a reason and it is rarely noble.
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