Everything in the balance8 Mar 2024 08:53
At the moment all of the buys and sells and mainly free trade app small fry’s. People buy £500 and selling later at £540
Not even worth considering or acknowledging. The bigger traders are holding off completely as unless you are playing red or black games, then you cannot genuinely judge next steps.
Barring insiders - all 3 plays are still on the table:
Summit folds the company, Summit removes Anavio and saves the company or status quo continues with cash flow under control even at 1000 bopd.
In the meantime the CAG investigations plus the separate forensic investigations will continue. It will take a major step by Anavio, Richardson, Cowan and Tennyson to return massive value back to the SP to keep them out of a court of law.