RE: Navitas preso in English24 Mar 2026 09:26
The price is being held down until all the JHI Shares converted to ECO are distributed. There is a huge likelihood that loads of those new ECO shares will be sold in short time, therefore it is an opportunity to snap them up cheap by ECO & others.
The potential for ECO is Huge, as the collated seismic data for PL001 suggests much More hydrocarbons than Sea lion. Then on top of that ECO has many other promising prospects elsewhere, not forgetting that JHI also brought more acquisitions to the table. Hang in there the future is bright; Long term AND Short term.