RE: SP reaction to bid..22 Jun 2026 08:17
Forget about the reaction today. Market knows it won't be accepted. Because it's worth more. With peace deal and oil prices where they are, the board has less pressure to accept low ball offers.
I'm a long term holder for the reason that I believe the company is undervalued. 625 is in the ball park given years of under performance but the peace deal has come at the right time...they will need to increase. If they don't I'm happy to hold