From what I can see through a squinted eye...$10 is incoming. It is an interesting set up with such an aggressive share buyback program in place that they've been at for some time now. I assume the coil will come after price regains some momentum. Fundamentals are solid as they get and I don't think the industry is going anywhere but more streamline and more...
Q1 result 26.9MLN USD
Exceptionally strong free cash flow (FCF)(2) generation of MUSD 49 for the first quarter of 2021, representing close to 10% of IPC’s market capitalization as at March 31, 2021.
www.avanza.se
Big historic orderflow levels are 34.34 and 41 (SEK)
The stock closed at 39,55 SEK after Wednesday's trading. The price had risen with 12% on the publishment of the strong Q4 report on February the 12th. The company could present great results and hit the expectations by the margin. They're currently producing around 10 000 barrels of oil a day, but are heading towards 40 to 50 000 per day. CEO Mike Nicholson is...
