Member Info for longtimeinvestor

Current market cap in dollars

https://uk.finance.yahoo.com/quote/SHEL?p=SHEL&.tsrc=fin-srch

so about a 35% dollar increase in value is needed to reach an all time high.

As I have already mentioned, a share price of about 3750p at the current exchange rate would be required to reach a 300 Billion dollar market cap again..

Geta

''I would also go with $300 billion being in the ballpark for the maximum capitalisation. ''

Yes, it is a fact.

Market cap reached 300 Billion dollars near the middle of May 2018 with Cable at about 1.36

Total BS

Geta

did you not notice that on your link the market cap increased from 89 Billion on 31st Dec 2021

to more than double a month later.?

The 31st Jan 2022 was when the combined RDSA and RDSB became SHEL

Geta

I imagine that some sites are not not adding the values of the old stock RDSA and RDSB to get the equivalent historical market cap .

If ever there was an inaccurate graph that was it - (showing a value 30% less in 2018.)

https://www.macrotrends.net/stocks/charts/SHEL/shell/market-cap

https://stockanalysis.com/stocks/shel/market-cap/

300 Billion dollars at current exchange rate equals about £247 Billion

A67

''Shell highest market cap was £220b in 2018''

it was at 300 Billion dollars in 2018 which equates to about 3750p per share now

63,540,750,749 shares in issue x 3.15p = about £2 Billion

A1

''Looking forward to a further 2.82p+ buyback reduction ''

?

with the current number of shares and share price, a £2 Billion buyback would be worth about 3.15p per share

To get to a 300 Billion market cap, the current share price would have to be at about 3750p,

and of course higher with a reducing share count.

Shell market cap was at 300 Billion dollars in 2018

BP going well

SHELL at a 5 year closing high

another stock added to portfolio today

''60p end of year''

My first preference would be to stay in the 40's for as long as possible whilst buying back Billions of shares each year for cancellation - but I would not complain to see 60p in the next 12 months and 80p a year later, as I know that it may save a number of people from complete mental breakdown requiring to be institutionalised.

Next step join Conservative party - win a seat - become leader - become PM

A bit more at a little over 103p

''profiteering and racketeering from peoples misfortune is unacceptable.''

Oil price is about the same as January 2022.

Maybe you would prefer the misery of the Covid 19 pandemic when we had a Zero oil price..

Bar

''BofE base rate was 0.5% in March 2009''

? and?

what has that got to do with Marstons

https://www.reuters.com/article/uk-marstons-idUKTRE50C1Q420090113

With a small purchase at under 392p.

Previously sold out at about 1580p on 19th Jan 2018 .

I will count my purchase as 'for free' having come out of previous profits.

I would consider a further purchase on any further reasonable drop in share price.

Good luck to shareholders old and new.