RE: doom and gloom...22 Nov 2019 15:16
investor33: Your point is well taken. However, the moaning is justified once you take a look at the investor community posting on this board. If they feel like I do: I've been waiting many years for PM to finally strike oil. And then it actually happens. Not only that: As it appears it is a better than usual strike. And what is the result? At least SP wise (and for now) a total disappointment. Clearly I feel the LTHs have deserved more than this. What a pity.
What do you think would have happened in February 2017 (SP @ around 30p) if PM had announced an oil strike? Apart from the fact that there were only half the shares in issue - would this have not boosted the SP?
I guess that is where the moaning and groaning is coming from - and therefore justified to a certain extent. But here and now is - obviously - a different situation. I am defo positive that this will come good - for all of PM's investors.