Basilhope - good post14 Oct 2018 17:23
For the avoidance of doubt, Peak SP 66p 2014, Shares weighted 1,062k POO+$100 Mkt Cap $670m, great profits $after tax $43m. Todays shares in issue 1,216k SP 12p Mkt cap $170m ish with $60m cash and forecast profit $30m, POO $ 85 reason RH IMO, Why Cheap??? In 2013 we were monosyllabic- 2 blocks , I had more acreage than Amer, no pipeline Output yes from a virgin field, - little infra structure and growth pains and no CPO5 . We are in a far far better place with +1m acres with a low risk & long growth runway - except for SOL, BOD no news and RH. Our discount is full to spill. Especially since the Oil M& A market is back in vogue and OUR COMPEITORS ARE HUNGRY So shares issued after immaterial +9% with an 80% decrease in the Sp with only a 30% reduction in profit after tax. Rigged stack Sweet Pea. And Mkt outlook bril Centre of Action Latin Amer, with Competitors with Cash and active FFS GN JTD you are disrupting my sleep patterns with very good posts FFS .