RE: Snapped up some more30 May 2022 10:54
I also took more this morning.
Does the market not realise that based on current production alone, given O&G prices, we're making c £6M+ net profit this year, giving us a PE of just over 2.
That's without the profits from divestments.
Plus we have Maria, Jamaica and very likely an acquisition soon.
Even if this was a duster, which it is not, we are still stupidly undervalued and the prices should be going up not down.
Which it will, in time. I'm quite certain of that.