Definitely some ill sentiment lingering on this one, seems however that they are a low cost shale play proving up production at a time when interest is returning to the sector. I'm expecting to see some reasonable M&A activity over the next few months as it heightens on the radar of private equity.
Despite the past failures that seem apparent here to me the current MC appears to undervalue the potential. Bought in today with a smallish investment and looking forward to taking in both sides of the debate.
AKK Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held