RE: Cannot understand5 Sep 2019 11:59
Auson... I agree with you. Krakenoil and the ENQ brigade say that ENQ is the most undervalued company in the FTSE. They forget that this march, 6 months ago, ENQ was at 15 and PMO at 76. Now end is at a touch under 20 (so it has gained 35% since March), whilst PMO at 82 has only gained 8% despite hugely positive trading updates, debt reduction and the impending Zama sale and the very exciting Tolmount news soon to come too. ENQ is hugely overvalued compared to PMO. Make no mistake and do not listen to Krakenoil, They are having a field day today and I am happy for them. let them enjoy it while it lasts. PMO is in the doldrums today, which is a pity, due to the fact that everyone else is flying. But we will come good. No doubt at all about it. STRONG BUY