RE: Weekend4 Dec 2020 14:09
Yes 100p because that would give the enlarged group an mcap of over £20B which is ludicrous.
I know insider trader will go on but a few small shorts doesn’t mean it’s going back to 15p, it could just be funds hedging their portfolio if over exposed.
And this is why people should have to back up their claims because they influence people like yourself who are obviously not as expirienced.
That argument is a very fickle one and used by people who want a lower entry price at the expense of people less confident.
They same people will scream diversification is essential but then complain when oil production is falling yet being replaced with a transition fuel,gas.
All company’s require big capex to maintain production levels, this is nothing specific to chrysaor/Pmo.
As I have called these posters out many times not one have seemed to be able to back up their claims so if I was you I wouldn’t invest on anything posted on this bb, including my posts.