RE: RNS Update19 Aug 2024 21:58
Hi Bistable,
The Sp is where it is, not much we can do about that, doesn't really bother me at the moment, im sure it will start a slow climb back into the 40,s over the coming months as the market realizes that JSE is recovering and bringing in heaps of cash to pay down the Debts,
January 2025 is my target date for a re-rate back towards £1 levels, imo
of course, there are many things which could send it either way, High Brent prices or low Brent prices.
right now, there are loads of oil and gas Companies stuck in the Doldrums, as Investment Companies turn away from the sector, a return to Dividend payments next year may re-light the investors??
Meanwhile i can keep adding at a great price and keep my average under 31p
JSE are doing a great job in building the Company and bringing new assets under its umbrella.
Im hopeful the Vietnam asset will be the next big game changer, !!!!