Why do they do it....??? And what next ??11 Oct 2020 09:44
Why do Some people come on these boards and behave in such a way.?
What do they think they can possibly achieve..?
Affect the share price of a company valued at £100 plus billion...?..
So on to the strategy. I think it must be difficult to know which horse to back as some of the new technologies are in their infancy stages.
Yes of course they will keep producing oil and gas for decades but what besides that..?
Are they leaning more to solar, wind, hydrogen, chemicals or power or retail, distribution.
In Germany they are opening LNG garages for vehicles and this alone if translated worldwide would takes decades.....
I guess for now it’s many fingers in many pies. Keep the Gas coming, slowly reduce the oil and look for the new green future that brings the best bang for our bucks. We should also be able to buy a few a stranded assets on the cheap. Total for instance got an amazing deal from Tullow.....
What ever the future brings I personally think Shell has great leadership (100% dividend reduction as example) and as good a chance of anyone to make the future a success.
Here’s to the boards being an enjoyable place to come in these very very difficult time.....
Hands, Face, Space......Keep each other safe.....