When we see the sp tomorrow for the first time we can only dream. First day of the 5 for 1 split. Based on our closing price we should start around the 6.5c mark or above hopefully.
Recent weakness has had many factors but I do hope that now we have Gendry on board, and further board changes intimated by MDA, an update on the reramping up of gas flow, news of firm drilling, and whatever else the company is sitting on we can quickly get ourselves back to the 3c aka 10c level quickly. I think this has dropped alot more than the company would have liked. I hope it won't take too much effort to get it back to over 10c because thats where my average lies now.
The company has an outstanding set of assets that has taken the company a little longer than anticipated to bed down due to the chapter 11 bankruptcy scenario of its previous owners.
I look forward to the company rerating now and with a better capital structure maybe some new investors will jump on board and drive this thing back to to the 10c level.
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