RE: The Share Price23 Jan 2024 13:24
I cannot accept that prognosis. When the money from the OM is banked , the sp will rerate. When FID is announced , the sp will rerate. When the rig is on course to the Falklands , the sp will go ballistic , from what level we will see , but it won't be 10 our 11p.
You are entitled to put a negative spin on your outlook , the fact this was 6.8p 18 months ago and hit 15p since tells you all you need to know.
Beware of the traders out there , they want it as low as possible.