RE: Big Investor12 Jan 2022 10:47
Someone is doing the sums and come up with WAY UNDERVALUED. That kind of money comes from small cap funds that do there research. Taken a few days since the announcement to fully process. Expect more of the same!
I don’t think at this stage big oil will be buying in with a view for takeover, just too soon. They will certainly be looking at it and prob will farm in or buy out once a few horizontals are in the ground, it’ll cost em though. Should be over £1 before we start getting and offers for buyout.