RE: Actual Comparison16 Sep 2021 10:15
You simply aren't thinking about all the moving parts together. Hedging, management competence, geography, future projects, decommissioning costs, goodwill, I could go on and on. You can't take a few simplistic measures and state that to be all that matters. For starters don't you think someone else smarter than you might have spotted this too if it were a legitimate metric and the share prices would react accordingly.
I know you enjoy your little raiding parties here though so you carry on with your fun.