it means that staff numbers will be trimmed and the company will be more efficient. the divi and profits wont fall. as ng invest the 22billion over the next 8 years this investment is going to increase returns. ng are a solid bet. most likely the company will be taken over in the next 5years
ok good luck. i dont think any1 can be sure that that this is not going belly up. they will need more funds to pay down debt in the short or medium term. the last placing was at 5p and a 30% discount. i dont see a farmout as they cant get the stuff out the ground. 30 wells drilled and only 2400bopd