RE: Next update14 Feb 2022 15:52
Bloe is worth a figure based on a number of factors, it’s profit &profit potential, it’s assets , it’s income & potential income and it’s management. It’s been held back by market conditions such as the Russian Ukrainian Situation, investor confidence in the region, and the Directors ability to attract investors to lift the share price . There is no argument over the fact the Bloe is undervalued against its profits and assets and potential to recover more oil & gas. The BOD’s need to get the story out there to attract investors once we have more flow rates and more successful wells and they can then restore credibility. Now is a good time to invest as once the SP goes it will fly. GLA