Who wants divis? If you want divis you go buy bp or shell. We want capital increase of 50-60%. If you can hold for 5 years pmo will be more or less debt free and producing still 100k bpd then it will happily pay a divi and what a day thatl be. But for me a capital increase to 110p will be enough.
"Premier isn't yet being rewarded for another good year of delivery and free cash flow - the shares have been range-bound, trading at a discount to the rest of the sector," BMO analyst David Round said in a note.