Why £1bn wiped off mkt cap ?!!13 Dec 2021 15:45
Ok the Tolmount reduction in reserves was disappointing but new Tuna discovery surely added 100m in reserves.m ?!
Absolutely no justification for this massive drop in not. Just to put in perspective, fall in mkt cap value here is the mkt cap of Tullow and Enquest combined !!
Yeah go figure !!