Very true guys and unlike oil companies , MGX doesn't have to...

Very true guys and unlike oil companies , MGX doesn't have to keep spending money to find the next field, MGX has reserves that they can produce for years in KI. So the fact they are profitable is a big bonus given than the Seawell rebuild may only be 10-15% if existing cash which will likely be funded largerly by insurance so may require a very small proportion if their massive cash balance
Furthermore their cash is at a level where any acquisition can be meaningful and push MGX back up into a top 200 company