RE: Proactive Webinar19 Mar 2021 21:15
Always interesting to read a post from Dick Upham.
I'm not concerned with dilution as the astute holders here are aware that figures up to £40 per share have been mentioned. Even reducing that figure by 50% to £20 is highly attractive but I'm guessing that JOG will be sold long before we even reach those levels. I'm also guessing that holders of the recent share options would be more than happy to see a £5 to £10 level and suspect JOG will finish up between those figures. I'm equally sure that despite various calculations about the potential asset value most of us will be content with £5 even though human nature and greed would then kick in making us seek a higher price. I am therefore holding for a lucrative future, for as AB says, oil will be needed for many years to come.