Sad. The £1.83 bid price reflects the amount of trust29 Oct 2021 12:02
the market has with the Indian Government. Not a lot by the looks! Even after they have changed the law in India to facilitate paying compensation to the likes of Cairn the market appears to not trust they will follow though, or the sp would be over £2.00 now I would have thought! The Indian Government wants to attract investment so what we need is action, not words which by the looks of things fall on deaf ears as far as the overall market is concerned. As far as I am aware they have to date paid no-one compensation for the retrospective tax issue. So not one roupee, yet.
All IMHO.