RE: Tony D17 Jul 2019 13:10
Antigua18... exactly, mate... the share price is lying in an abyss and there has been no reward for us long term holders since I bought 5 years ago at 180, with Brent at 45, our debt at huge levels, no Zama, Catcher or Sea Lion, operating costs hugely higher than now, no 45% hedging at 69 Brent etc. To see our sp in the 70s with Brent at 65 (67 yesterday) and needing to recover an incredibly 150 % to get back to 180, is beyond me. Great debt reduction and all the assets we have. A few months ago we were at 110. Now at 79.... it beggars belief. In the same time, ENQ were at 15 and now they are at 22.68, despite a massive Rights Issue at 21.