Robnhood, I never said that HRT could improve liquidity by the reverse split. In my humble opinion the reverse split will neither improve nor damage trading liquidity. Your post contains no arguments disproving this.
Trading liquidity will rise with the market cap and market cap will rise, with further farm downs.
Selling the remaining WI in Solimoes would increase cash, decrease CapEx and de-risk the company. Acquiring the Brazilian licence blocks last year was a mistake. HRT hasn't the financial strength to explore this and return on invest is far away. Then farm down Namibian licence blocks.
All these asset sales would generate enough excess cash for a substantial share buy back or dividend.
In my view the current depressed share prices are caused because the management scared the markets by considering to acquire assets.
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