Mar. 18 at 5:12 PM
$PTALF The price on this is all wrong. Was 0.47 at full production with the dividend at
$65 a barrel.
Even at half production - it should be 0.47 at
$110 a barrel(not even considering margin improvements on lower costs to produce half the volume)
If the ER says anything about a accelerated production enhancement or dividend restoration- this will easily move to 0.75 - and if they say both -> absolutely
$1 a share.
I still am waiting for a dip - I don't know if I can get in here and I might be waiting for sell the news idiots (fingers crossed)...