Gas12 Jul 2018 13:03
IMO this rise is all about Trumps clear "very unhappy state" re Nordstream. He wants more non Russian gas coming into East and West Europe...
It wont be long before Miran and Bina Bawi start moving IMO. Genel is a dirt cheap way for a major to grab some huge gas assets, its just a matter of who and when, the board need to maximise shareholder value in the meantime to make sure that the value of the takeover is as high as possible... If they can start on the gas work themselves I would imagine 1000p could be on the cards.. If they dont, maybe 500 - 600....
The more noise there is about gas the more Genel screams "BUY ME!!"