RE: Share price forecast16 Apr 2020 12:52
It is hard to say at the moment, oil price all over the place and we need more info back from assets. I think most would agree that potential is worth multiples of the current price.
Some have said 2p for WN alone some more, then Parta added on top, cali on top of that etc. Malcy said if WN comes in as good as expected then 5-8p could be achievable seems a bit steep but who knows, the oil price was a bit different there. Whatever way you look it and if the oil price remained down here we should still be looking at multiples.
As others have pointed out the directors last bought at 0.90 and they managed to raise 24million squid at the level. This tells you that the professional were expecting a good return on investment from the .90 level. We are half that currently.