It looks like the share price has bottomed out. Opportunity to accumulate and hold. Once oil price rebound, this counter will fly high again. Note that they have had all their restructuring completed and are getting more and more new contracts.
Buy warrants. It is cheap (all time low at 0.035). It is now or never. It provides better margin of safety (limited downside) and better return in term of percentage of profit.
Saudi is increasing crazily after the fail meeting last few days! Brent might touch 35 usd next week if without any good news is coming and this oil price will maintain very long until lot oil related comp bankruptcy! Better don't or never touch any oil stocks from now onwards, else will cry seriously!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SuperPanda
11,431 posts
Posted by SuperPanda > 2020-03-02 14:28 | Report Abuse
buy back start at .09