Paid 0.80p! Yet the other 9 billion shares are at 0.32. Why oay 140 percent premium. I'm so confused!! It seems so overvalued with oil at 35 bucks. Or am I missing something?
Perhaps as no volume not much oil. Huge debt and all the shares were at 0.32p so I'm confused! Unless an rns comes then this is a strong sell at this huge premium. Or do mms know something????
If you look at the share price on Google and look at the max view. These listed at 4 billion. I assume 4 billion pence. Based on the 4p list price and endless dilution an orgional buyer would need 4 billion pence per share to break even. Wow wow. Even crap bounces!