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Re: nsomniyak post# 64807

Wednesday, 07/06/2022 9:08:25 PM

Wednesday, July 06, 2022 9:08:25 PM

Post# of 69954
You did not read my previous posts. I posted that if the non oil businesses were worth $1.75 they would be better off selling those assets off and paying a cash dividend. The market is only pricing those assets (today) at a few cents. It is obvious that they are diluting into the news today (imo). If they had sold the assets and paid shareholders a cash dividend instead, the pps would have gone up the amount of the stated dividend and they could have sold there instead of at .25.