RE: 5,000 - 10,000 bopd v 160bopd - It's about the FARM OUT!9 Aug 2025 08:36
Kevin, If the best way to judge a companies future is from its past, investing would be extremely easy. Of all the companies that started on the FTSE100 80% no longer exist. Equally, many unknown names have risen from humble beginnings.
Many market leaders get turned to dust: Woolworths. Enron. Blockbuster. Kodak. Etc etc.
Equally, Amazon’s shares went sideward for 13 years whilst they developed something quietly in the background called Amazon Web services.
I believe renewables will be “our Amazon Web services”.
The obsession with the past here shows a lack of understanding of how share prices move or a sinister agenda to continually regurgitate negativity. That’s my opinion anyway.