850 million of fcf18 Feb 2023 08:48
500 million last year and the predictions are around 350 million this year. Not bad eh :-)
The update yesterday was in my opinion rather good and I have absolutely no idea why the market cap is below 600 million let alone 350.
Well it seems trading this has always been the correct strategy MRC despite the constant barrage of abuse you have dished out.
I now hold 240,000 at 22.3p and I believe we will see 22-23p in the next 8 weeks.
This company is just simply not a long term hold and it never has been as it’s completely unloved, having said that the valuation is beyond obscenely low and it offers traders a massive opportunity to make money on the swings.
Mrc there are other opinions to be expressed as I’ve always said :-)
Have a good weekend enjoy time with the family, friends, the countryside, sport and your hobbies there is more to life than enquest.