DEC is a great company30 Nov 2021 10:56
The broker rating of £1.60 is spot on. The SP will head in that direction one day. +10% dividend whilst we wait is not so bad.
They have hedging contracts in place and production volumes known for many years. The business model is proven and thrived in all recent scenarios of low demand, low prices, a pandemic, high demand and high prices. They have responded so well to the negative press reports and will do more than required to fix any problems.