True, true, have considered. Longer term these fiduciary responsibility and no commons input issues do not seem prudent for common investors, if at minimum reflection of company management's consideration of its commons. Seems they want the flexibilty to move and act quickly, unencumbered. Shorter term, I agree with you, no dilution likely. And I think share price increase more likely too. $150M? Huh?
Good chance there are plans which I/we cannot see or conclude.
Per the Cramer vid, previous post, thanks, interesting.
Guess those assets didn't pan out afterall.
As also the one, two, and three year hedging which "even with lower (oil) prices," didn't quite meet the "probably" to work out, either.
"Some guys were actually prudent and responsible," Cramer concludes and explains to his audience at the end of the interview, and in relation to gas and oil production servicers, most (if not all) in trouble at the time.
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