So MNLU stock is currently selling for about 3 times cash in the bank (before they spend money drilling the new well)?
28 million $s divided by 80 million shares?
This was one of the few stocks that was up (green not red) on Friday. Down volume on Friday was a new record, TRIN hit a new record, so this was like a 1 in 1000 stocks that were up, while 999 others were down, and down a bunch. We were up nearly 20% at one point on Friday!
I THINK we bottomed here this past week!!!!!!
AEXP also held the prior lows this past week, and closed up 10% above its all time low on Friday! Natural gas was one of the few commodities that was up Friday!
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