Gosh - deafening silence on this thread since balance got banned - you might even believe there is now some upwards potential in this stock ;)
(note: based on my highly unscientific survey do stocks without a lot of noise on their threads perform in average better than stocks with a high daily post rate)
Quarterlies are out - and nobody so far seemed to have noticed:
https://www.nzx.com/files/attachments/212040.pdf and
https://www.nzx.com/files/attachments/212041.pdf
and actually - not a too bad quarter:
positive cash flow (plus $8 odd million) - first time this year
successful takeover of CUE (and if I look at the recent oil price trend, than their timing was not too bad, either) and
the oil flows in Pakete-H4 ...
ah yes - and they propose a share buy back program (meeting later in May)
If we add the current oil price trend (this morning we had another 3 month high for Brent crude) to the picture ...
I am feeling cautiously optimistic.
Discl: holding (some) - and as usual, DYOR;