RE: Food for thought on future SP of Hbr6 May 2021 11:21
Oil price, was approx €75 in June 2018... assuming pmo merger into the new vastly improved hbr company, Eventhough there are many more shares in issue, why is the Barclays target price so low on Harbour at present at 30p....seems ridiculous to me . Surely it's worth 50p+ easily once these creditor's shares are absorbed by the market. We're talking here about a company that's the largest independent oil company with huge tax credits, huge yearly cash generating business, able to pay dividends and possibly push for FTSE 100 listing in the uture