RE: Seplat - obvious BUY25 Sep 2021 16:24
"with our gas" You mean Seplat's gas obviously .... not sure ... my guess is that it's local supply so probably not directly linked to US commodity prices, unless exported - but one could work it out from results I suppose.
I saw an article on line that pointed out that while energy prices themselves have ballooned recently the S&P Energy Index has stayed relatively flat ....
..... as have a number of Oil & Gas stocks in the UK market after the July rally and subsequent pullback, so flatlining would not seem to be isolated to just Seplat just now.
So either the big fish controlling share prices in the energy sector regard the current highs in energy prices as a blip to be ignored or, they are keeping prices down to fill their boots.
Who knows, while the UT close friday ay 89.8p is a positive step to get back to £1.00 +.
GLA