RE: Sea lion financing24 Nov 2018 21:06
Nigoil, no oil share has fallen like PMO. Look at Serica, it rose during the crisis, PANR was more or less static, PMG (one of my favourites) fell 15%, PMO fell from 146 to 64. This reflects on the BOD and the debt mountain. There are too many rampers ( oil will go to USD 100), derampers (DBNO) and shortens for this share to be played on a level field. I am positive but to recover the share price to over 100p will be a long and arduous journey.