Recent price movement has been on pretty small volume and so is more or less irrelevant. However the question about a plan and making money is not. I've read through some of the reports and not found a clear plan (if I have missed it then please point it out)
Is there a plan? Would the assets, if they were producing, make money at the current oil price?
(I can't see oil price going up much in the foreseeable with the shale taps ready to be turned on at any sign of rebounding price. Then again, we live to be surprised by the oil industry)
As highlighted by some, there appears to be redeeming features to BYE (management, ability to raise capital) but I prefer a good main game...
If cash flow were imminent then surely those in the know would be greedily buying?
BYE Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
