Yes, two of the completed sale of two packages of leases were announced.
Correct, their debt is at 6-8 % so why would LNCO not buy in some shares with a 25% payout. Also, if they reduce the payout by 50%, it still makes financial sense to buy back some shares.
In the last 10 years the Saudi's have invested a tremendous amount of money in building refineries and plants for producing plastics. Much of their crude oil is then exported as gasoline, diesel oil and plastic pellets. Some of the UAR countries have done the same thing. The petrochemical business in Europe can't compete with this Middle East giant. The bottom line is that the Saudi's are still going strong and some of the businesses being hurt haven't been mentioned in the press much yet. The US is in better shape than Europe because we have our own crude to feed into downstream processes.
I thought HH might know something the rest of us didn't. Not true. Since he personally owns most of the company the stockholders are stuck with him. The stock price will probably decline further.
It's too late. You should have done it when HH announced he sold all his hedges. It will be interesting to see the opening price movement tomorrow.
Since they are hedged 60-70% for the next two years they will be fine if they cut the dividend by 1/3. I think that is already mostly priced into the stock.
I just had another thought. Originally, Progenics had a partnership with Wyeth for Relistor. Wyeth then got bought out by Pfizer and they had to cut costs so Relister was given back to Progenics. Now Relister is an approved product and Progenics has about the same market cap as when Wyeth dumped it. Now Pfizer is looking around for companies to acquire and PGNX stock is doing very well. Any comments ?
The stock is having a strong run up. I used to think that Salix would make a buyout offer but now they have problems of their own. First they were involved in merger talks and then there was a big problem with selling two much inventory to distributors. This was followed by a lot of lawsuits.
AXGN only has a market cap of 45 million which makes it a good takeover candidate. So far the stock is not behaving that way
More info in a news article. The sural nerve is in the ankle. The article says Dr. Raisman is working to develop biomaterials to bridge the gap in severed spinal chords. Somebody from AXGN should contact him.