01-25-2014, 01:13 AM
'Relker' pid='36526' datel Wrote:At present the market value does not reflect the true value of the company. With all the license payments coming it must be possible to buyback some shares. I fancy that the new management is smart enough to make use of the present leverage effect. With a successful drilling programme a $ 30 B stock value is not a dream.
Are you suggesting that a share buyback somehow increases the market capitalization? $30 billion market cap is $613 per share. A dream would be putting it kindly. Tap the brakes.