Oil should be in a sideways/downward trend from here. The thesis hasn't changed. I dont think oil will be at $70 in the foreseeable future. They arent IPOing Saudi aramco because its the bottom of the market. They want out. As for Spindle top. Revenue has dropped from 13 million to 6 annually.
You have to realize that this is a extremely small company. Even though the management is good, they have very little resources to work with and its growth prospects are meek at best.
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