yaaaaahhhh ....... AHS - you seem to understand the time...

yaaaaahhhh .......

AHS - you seem to understand the time relationship betwixt OP and industry activity ....

whilest not wishing to appear negative, the comments that AHS has posted is the reason that I (currently) do not own the stock.

MRM has given estimates of EBITDA for FY16, and no updates post the Dec results.

One can then look at cashflow, and interest costs.

I think it would be "safe" once (any) re-cap occurs.

the "bot" action suggests "something" is happeneing (and I don't profess to know what).

I agree with Susan - the OP most definitely appears to have bottomed, and (eventually) we will see a rebound in offshore explorayion (and then development) activity. The fin results of the companies that AHS has posted highlight how risky the sector is at present.

we have seen this type of thing occur in iron ore / other mining services / several "large" oil co's / lots of junior oil co's......

rgds
Value_Hunter