RE: Merger and info17 Apr 2021 09:56
I recocomed you read soder and stevo12 posts. Very informative. Also bear in mind, sp has kept at around 18.5 to 20 since launch despite creditors dumping hundreds of millions of shares that are picked up in huge tranches, oil price has stabilised at above 60 and may go to 70 when hbr cost of production b e point is in low thirties, positive cash flows are likely to generate billions of profit which will be free from tax for some years to come and dividend policy not yet announced . No broker is suggesting a sp lower than current level. So many here think the sp is at it its lowest. But, dyor.