RE: Takeover Potential31 May 2023 08:55
I still hold a third of the shares I had but disappointment in losing out to other opportunities led me sell the other two thirds.
The reason behind this was the continued weakness in, O&G prices along with no comment from Government on the disastrous EPL that had eroded SP being amended which has turned out to be more profitable decision. The EPL going on till 2028 is the killer here, it just puts off investors and will ultimately cost the consumers and the environment due to having to buy in commodities. Well done the Tories, the dumb media and public opinion!
There will be a point at which sentiment changes and SP is already unbelievably low. IMO