Fuel in the Tank?21 Dec 2020 09:30
Not too keen on BOIL as a company but made a modest £5k investment last week mainly because of the asset they have in the
£30m tax losses. They also have interests in Licences, they have a quote and these combined could attract an RTO with oil prices on the move and with some looking for a listing. Also what they have could be attractive for a small listed junior looking for new licences and the tax losses. Not convinced the current management have the capability of moving the business forward so I would not be surprised to see someone step in.