Q: T:EGL.UN - EAGLE ENERGY TRUST
I have owned eagle from the IPO. They claim that they are unjustly treated like the other cross border plays (argent and parallel)who debt levels are very high and have cut their dividend)according to them they have a ratio of 1.5 which is considered reasonable. They claim that they will meet guidance and not cut the dividend. Is there any reason to question their claims and would you sell now? any comments regarding eagle would be appreciated especially with respect to the management.
thanks again .
yossi
I have owned eagle from the IPO. They claim that they are unjustly treated like the other cross border plays (argent and parallel)who debt levels are very high and have cut their dividend)according to them they have a ratio of 1.5 which is considered reasonable. They claim that they will meet guidance and not cut the dividend. Is there any reason to question their claims and would you sell now? any comments regarding eagle would be appreciated especially with respect to the management.
thanks again .
yossi