RE: WHAT not WHEN30 Oct 2022 01:19
Think your mathmatics is wrong.
At $15.25 US dollars net profit a barrell.
The share or takeover price could be 80 pence a share.
What your doing, is thinking..$70 US Dollars a Barrell profit, but it costs money to extract the oil and its not worth much until its sent to a refinery and transformed into Petrol.
Plenty of upside anyway.
Hopefully the big money men push this up to 70 pence on take over news.