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By my take it was actually pretty good.

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urge2surge   Saturday, 11/14/20 10:18:00 AM
Re: CashCowMoo post# 6198
Post # of 6371 
By my take it was actually pretty good. The crude oil prices and corona factor, applicable to every energy playare in play here. However, the total asset equity puts their current market cap substantially low compared to fair value. The dilution was disclosed aiding the cash flow as well. Not egregious fwiw just at a bad time imo. With their compliance updates for listing honored, and sectorconsolidations on going, my personal take is that this is an acquisitioncandidate.. While I'd prefer a viable growth model and forecast, within the sector context, I do think that's most likely the scenario here. The low authorized and outstanding, and undervalued market cap, are major attractive factors. Should crude oil rise, then my opinion would as well.


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