RE: Barely any cashflows now, May become net debt20 Jul 2023 12:04
Kistos has been turned into a tax collector by the goverment desperate for revenue, and irrespective of the effects on jobs, carbon footprint, and energy security. The level of the so called windfall tax is also excessive, and Labour seem to be even more stuck in this incompetent mindset.
On the upside Kistos is still a low cost profitable producer and the Mime acquisition not priced in. AA is a deal maker and the next deal will be outside the UK/EU domain and will be the next upward trajectory in the share price. Not a time to sell at this price, and most probably a time to buy