RE: Shrewd deal for huge growth7 Jul 2021 16:18
Point 1, this will not affect the special divi as exdivi date is less than a week away and this increase in share numbers won't finalise until month end atleast.
Point 2, the actual asset value per share will increase with this acquisition.
Point 3, the turnover per share will likely increase with this acquisition
Point 4, more corporate shareholders will naturally stabilise the company and help increase share price over time.
Point 5, this is starting to take it from a very smaller player into a longterm mid size oil company.
Point 6, I believe once this is all tied up this will rerate past 20p before year end anyway.
Point 6, all we have lost is a couple of weeks of gains so what is there really to complain about.
Point 7, a lot of mid term holders are well in profit and only very long term and very short term holders may be down on their investments.