Just shows how much hold short sellers have on the FTSE in particular and their massive suppression of share prices. Highly dubious practice and should be banned.
Erdogan visit to Iraq - Bloomberg25 Jul 2023 16:57
Seems more official this time.
Hopefully not BS again and what happened to the repeated claims months ago about 'better relations' between Baghdad and Erbil? Not behaved in that manner.
Hopefully some news on the Italian business/disposals and possibly Etisalat who wanted to raise their stake to 25% but possibly for regulatory reasons have been stopped from adding just now.
No the P/E is NOT 15. Even using your figure of 9c for EPS the CASH ADJUSTED EPS is 5, not as low as Simon Thompson's 3 but you can not ignore the net cash of c.$150M