RE: Genel is......OK?29 Oct 2020 16:08
To be fair Boyo and Bunks, Genel is still unbelievably under valued by the market. The SP is already rock bottom and perhaps just won't go any lower [oh god, did I just say that, dun dun dun].
Market cap is £322. Cash in bank, something around $350-400 I think. Net cash must be >$60, Recieving around $10 Mill per month, reduced capex but still increasing output, sarta hopefully coming on soon, pretty substantial dividend, low carbon producer, plus all the other big gassy stuff.
The SP may well be stable but perhaps because it's right at the bottom?? There's no waves on the seabed!