Timing the potential upside25 Oct 2023 11:08
I rarely post here but I do follow this board daily and hold a reasonable amount of shares (for me anyway) – thanks for all the great information you share.
I am an amateur dabbler. I’ve made some money over the years on the basis of the adage “time in the market, not timing the market” BOIL is different in that when the metaphorical balloon goes up, getting the best return to me will be much more timing dependent
My question is, when is that best time? I know we’ve all sorts of variables here (Part of which is what makes holding BOIL interesting) but is the share price likely to be highest when a JV is announced, when the appraisal well is in place, when production starts….and so on and so on…or is it a case that if the assets are sold, its not a timing issue at all as the reward will come in the form of a dividend rather than a share price increase?
Lots of “ifs” here, but would be interested to hear thoughts on when the best time for me to book my test drive at the Aston Martin Showroom will be lol
Thanks as ever for any and all responses