Stock price when the opinion was issued
Has been very negative on this name. Thematically they have incurred a ton of debt to develop oil sands and when you are the marginal cost barrel in the oil sands and financing it with debt, it is a risky business and it didn’t work out for them. Have gone through a process of management change, selling assets, etc. Still have a lot of challenges ahead.
(Market Call Minute) Buy the bonds if you are going to play it. If they skate through you will get a great lift.