Am I misunderstanding the last few posts? ---Reststing financials?? Not really. They are writing down gas inventory like EVERY other NG company does. ---Wasted money?? Where is the waste? This buying opportunity will make Dune one of the major players in the LA/Gulf coast region. The assets they are getting, the production they are obtaining is dirt cheap. This is a coupe for Gaines.
The correction down from $3 is profit taking. I fully expect a steady upward direction over the short term.
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