Completely ahree, boyasaka. I tend to think that it will rerate to at least double where we are now before the year is out. But I really don't see why anything major should happen when the money is received from the Lukoil deal. The only reason it might is if the current price reflects some doubts about the deal going through. But really there is absolutely no reasomn to doubt it. Idle speculation about sanctions etc seem pretty stupid to me. I honestly don't know what or who is keeping the price low, but hopefully it will come good eventually. Just don't expect it to be triggered by the payment.
Everyone thought and kept saying that once eeaa was signed off this would jump as the market didn't like uncertainty and despite they saying eeaa had been granted .the signature was necessary to be reflected in the sp. So eeaa got signed off and 20 yeah licence granted and no jump what so ever and someone then said everyone knew it was coming hence when it did. No jump. So am wondering if same gonna happen with luk oil deal. They announced the partnership. Sp shot to 48 only to fall back to mid 30s so now people thinking and saying once deal is done and cash in bank this will rise .but wonder when that happens and cash is in bank and share price stays sub. 40 people will say well we knew money was coming and deal was happening so didn't expect any rise and its not really new news ?
just the lass trade which showed as a sale.Whats going on,is no-one is buying and whilst there are some sells,there are not many either.So the average joe isn't buying,so it's down to the market makers to see if they want this going up or down.In my humble opinion there isn't much below so it may go north anytime.
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