ummm, the assuptions here are pretty much
yup
Yup
and ummm, they wont say....
"in a perfect world, they want us shareholders gone, so they can go private and have no-one to answer to"
no doubt you have read the recent update on their website about
how they have no money to work with, and so, the 2 freshly rebuilt rigs "sit idle"
You believe that after the long wait to get them, have them rebuilt and sit idle.
That they have no alternative to raise money to run them other than to have "a private investor" buy us shareholders out !
This is after all a public trading company "still", unlike the sister company "fowler oil and gas" which is now private since about new years.
i could go on, but....
yeah, seams like they don't want to admit how many acres they have indeed leased....
(i could ball park that from things said in the past, but they will never admit to it)
"some like to call this "a diluted pig" of a stock,
but yet they have never, and seam adamently against doing so,
EVEN IF IT WOULD RAISE THE SHAREPRICE TO SOMETHING THEY COULD DILUTE INTO.